Capcom (OTCMKTS:CCOEY) Sets New 52-Week Low – Should You Sell?

Capcom Co., Ltd. (OTCMKTS:CCOEY) reached a new 52-week low during trading on Tuesday . The stock traded as low as $8.6320 and last traded at $8.67, with a volume of 277996 shares traded. The stock had previously closed at $8.71.

Wall Street Analyst Weigh In

Separately, Nomura raised Capcom to a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Capcom Trading Up 0.8%

The firm has a 50 day moving average of $10.14 and a 200-day moving average of $10.81. The company has a market cap of $9.69 billion, a P/E ratio of 21.14 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY) last issued its earnings results on Wednesday, May 13th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.02). The business had revenue of $507.80 million for the quarter, compared to the consensus estimate of $439.00 million. Capcom had a net margin of 28.16% and a return on equity of 22.28%. Equities analysts predict that Capcom Co., Ltd. will post 0.45 EPS for the current fiscal year.

Capcom Company Profile

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.