Capcom (OTCMKTS:CCOEY) Reaches New 12-Month High – Here’s Why

Capcom Co., Ltd. (OTCMKTS:CCOEY)’s stock price hit a new 52-week high during trading on Friday. The company traded as high as $14.67 and last traded at $14.67, with a volume of 23,832 shares. The stock had previously closed at $14.24.

Wall Street Analyst Weigh In

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

Capcom Trading Up 1.5%

The firm has a market capitalization of $15.41 billion, a PE ratio of 28.35 and a beta of 0.62. The stock’s 50 day moving average price is $13.62 and its two-hundred day moving average price is $11.44.

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, topping analysts’ consensus estimates of $0.17 by $0.05. The firm had revenue of $429.66 million for the quarter, compared to analyst estimates of $363.65 million. Capcom had a return on equity of 24.90% and a net margin of 30.13%. Analysts expect that Capcom Co., Ltd. will post 0.48 earnings per share for the current year.

Capcom Company Profile

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.