Capcom Co., Ltd. (OTCMKTS:CCOEY – Get Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 16,360 shares, an increase of 297.8% from the May 31st total of 4,113 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 449,893 shares, the days-to-cover ratio is currently 0.0 days.
Analysts Set New Price Targets
Separately, Nomura raised shares of Capcom to a “buy” rating in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Read Our Latest Research Report on CCOEY
Capcom Stock Up 2.6%
Capcom (OTCMKTS:CCOEY – Get Free Report) last posted its quarterly 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 firm had revenue of $507.80 million for the quarter, compared to analysts’ expectations of $439.00 million. Capcom had a return on equity of 21.84% and a net margin of 28.16%. As a group, equities research analysts predict that Capcom will post 0.45 earnings per share for the current year.
About Capcom
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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