Capcom (OTCMKTS:CCOEY) Sees Strong Trading Volume – Here’s Why

Capcom Co., Ltd. (OTCMKTS:CCOEYGet Free Report) shares saw an uptick in trading volume on Tuesday . 479,854 shares traded hands during mid-day trading, an increase of 448% from the previous session’s volume of 87,515 shares.The stock last traded at $11.45 and had previously closed at $11.81.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Capcom to a “hold” rating in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on CCOEY

Capcom Stock Performance

The company has a current ratio of 5.80, a quick ratio of 3.93 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of $11.94 and a two-hundred day moving average price of $13.34. The stock has a market capitalization of $12.41 billion, a P/E ratio of 24.25 and a beta of 0.70.

Capcom (OTCMKTS:CCOEYGet Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The firm had revenue of $234.30 million for the quarter, compared to analysts’ expectations of $257.09 million. Capcom had a return on equity of 26.74% and a net margin of 31.30%. On average, equities analysts forecast that Capcom Co., Ltd. will post 0.4 earnings per share for the current year.

About Capcom

(Get Free Report)

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.

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