Capcom Co., Ltd. (OTCMKTS:CCOEY) Sees Large Increase in Short Interest

Capcom Co., Ltd. (OTCMKTS:CCOEY) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 32,595 shares, a growth of 374.4% from the September 15th total of 6,871 shares. Based on an average trading volume of 43,329 shares, the short-interest ratio is presently 0.8 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Nomura lowered shares of Capcom from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 7th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Capcom Trading Up 1.1%

OTCMKTS CCOEY opened at $13.94 on Tuesday. Capcom has a 1-year low of $8.63 and a 1-year high of $14.56. The company has a 50 day moving average of $13.51 and a 200-day moving average of $11.36. The company has a market cap of $14.86 billion, a price-to-earnings ratio of 27.33 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.05. The business had revenue of $429.66 million during the quarter, compared to analysts’ expectations of $363.65 million. Capcom had a return on equity of 24.90% and a net margin of 30.13%. On average, equities research analysts forecast that Capcom will post 0.48 earnings per share for the current year.

About Capcom

Capcom Co, Ltd. is a Japan-based entertainment company that develops, publishes and distributes video games and related digital content. The company’s products are available across console, personal computer, mobile and arcade platforms, and it also operates businesses connected with arcade equipment and amusement facilities.

Founded in 1979 and headquartered in Osaka, Japan, Capcom is known for internationally recognized franchises including Resident Evil, Monster Hunter, Street Fighter, Devil May Cry, Mega Man and Ace Attorney.