Capcom (OTCMKTS:CCOEY) Stock Falls 7.7% – What’s Next?

Capcom Co., Ltd. (OTCMKTS:CCOEY) fell 7.7% on Tuesday. The company traded as low as $12.36 and last traded at $12.66. Approximately 34,563 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 125,674 shares. The stock had previously closed at $13.7090.

Wall Street Analyst Weigh In

Separately, Nomura cut shares of Capcom from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 7th. Two analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Capcom currently has a consensus rating of “Hold”.

Capcom Stock Performance

The firm’s 50-day simple moving average is $13.75 and its 200 day simple moving average is $11.43. The company has a market cap of $13.59 billion, a P/E ratio of 25.00 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY) last issued its earnings results on Tuesday, October 27th. The company reported $0.10 earnings per share (EPS) for the quarter. Capcom had a return on equity of 24.90% and a net margin of 30.13%. As a group, research analysts forecast that Capcom Co., Ltd. will post 0.48 earnings per share for the current year.

About Capcom

Capcom Co, Ltd. is a Japanese entertainment company that develops, publishes and distributes interactive video game software for consoles, personal computers and mobile devices. The company also operates arcade and amusement-related businesses and licenses its intellectual property for merchandise, films, television productions and other media.

Capcom’s portfolio includes several internationally recognized franchises, including Resident Evil, Monster Hunter, Street Fighter, Mega Man, Devil May Cry and Ace Attorney.