Capcom Co., Ltd. (OTCMKTS:CCOEY) Sees Significant Decrease in Short Interest

Capcom Co., Ltd. (OTCMKTS:CCOEY) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 5,035 shares, a decline of 94.9% from the July 30th total of 98,806 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 87,239 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Nomura raised shares of Capcom to a “buy” rating in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Capcom Stock Up 1.2%

CCOEY traded up $0.15 on Tuesday, reaching $13.31. 26,060 shares of the company traded hands, compared to its average volume of 54,732. The stock’s 50 day moving average price is $11.02 and its 200-day moving average price is $10.61. Capcom has a 52-week low of $8.63 and a 52-week high of $14.79. The company has a market cap of $14.19 billion, a price-to-earnings ratio of 26.10 and a beta of 0.61. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.59 and a quick ratio of 3.50.

Capcom (OTCMKTS:CCOEY) last released its earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.05. Capcom had a net margin of 30.13% and a return on equity of 25.35%. The company had revenue of $429.66 million during the quarter, compared to the consensus estimate of $363.65 million. On average, sell-side analysts expect that Capcom will post 0.45 EPS for the current fiscal year.

About Capcom

Capcom Co, Ltd. is a Japanese video game developer and publisher headquartered in Osaka. Founded in 1979 by Kenzo Tsujimoto, the company has grown into a leading global entertainment brand, creating interactive software and associated licensing businesses. Capcom operates through a network of subsidiaries and distribution partners across North America, Europe and Asia, serving both console and PC markets as well as the expanding digital download sector.

The core of Capcom’s business lies in the development, publishing and licensing of video game titles.