Capcom (OTCMKTS:CCOEY) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Capcom Co., Ltd. (OTCMKTS:CCOEY) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $12.95 and traded as high as $14.20. Capcom shares last traded at $13.25, with a volume of 41,301 shares changing hands.

Wall Street Analysts Forecast Growth

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

Capcom Trading Down 4.7%

The business’s 50-day moving average price is $12.98 and its 200 day moving average price is $11.91. The firm has a market capitalization of $14.12 billion, a price-to-earnings ratio of 30.58 and a beta of 0.72. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.47 and a quick ratio of 4.57.

Capcom (OTCMKTS:CCOEY) last announced its earnings results on Tuesday, May 13th. The company reported $0.20 earnings per share for the quarter. On average, equities analysts forecast that Capcom Co., Ltd. will post 0.4 earnings per share 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.