Capcom Co., Ltd. (OTCMKTS:CCOEY) Sees Significant Drop in Short Interest

Capcom Co., Ltd. (OTCMKTS:CCOEY) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 5,900 shares, a decrease of 41.0% from the February 28th total of 10,000 shares. Based on an average daily trading volume, of 77,000 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group started coverage on shares of Capcom in a research report on Tuesday, March 25th. They set a “buy” rating on the stock.

Capcom Price Performance

OTCMKTS CCOEY traded up $0.02 on Friday, reaching $12.78. 5,524 shares of the stock traded hands, compared to its average volume of 24,853. Capcom has a 12 month low of $7.95 and a 12 month high of $13.75. The company has a market cap of $13.62 billion, a price-to-earnings ratio of 30.58 and a beta of 0.39. The firm’s fifty day simple moving average is $12.09 and its 200 day simple moving average is $11.39. The company has a quick ratio of 4.57, a current ratio of 6.47 and a debt-to-equity ratio of 0.01.

Capcom (OTCMKTS:CCOEY) last issued its quarterly earnings results on Wednesday, January 29th. The company reported $0.06 EPS for the quarter. As a group, research analysts predict that Capcom will post 0.4 EPS for the current fiscal year.

Capcom Company Profile

Capcom Co, Ltd. plans, develops, manufactures, sells, and distributes home video games, online games, mobile games, and arcade games in Japan and internationally. It operates through Digital Contents, Arcade Operations, Amusement Equipments, and Other Businesses segments. The Digital Contents segment develops and sells digital game content for consumer home video game platforms, as well as mobile content and PC online games.