Capcom (OTCMKTS:CCOEY) Shares Gap Down – Here’s What Happened

Capcom Co., Ltd. (OTCMKTS:CCOEY) shares gapped down prior to trading on Thursday. The stock had previously closed at $12.85, but opened at $11.6201. Capcom shares last traded at $12.10, with a volume of 7,580 shares traded.

Analyst Ratings Changes

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

Capcom Price Performance

The company has a market capitalization of $12.70 billion, a PE ratio of 23.35 and a beta of 0.62. The firm’s fifty day simple moving average is $13.74 and its 200 day simple moving average is $11.45.

Capcom (OTCMKTS:CCOEY) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). The company had revenue of $319.98 million for the quarter, compared to analysts’ expectations of $315.41 million. Capcom had a net margin of 30.13% and a return on equity of 24.90%. On average, equities research analysts anticipate that Capcom Co., Ltd. will post 0.48 EPS for the current fiscal 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.