Capcom (OTCMKTS:CCOEY) Shares Gap Up – Should You Buy?

Shares of Capcom Co., Ltd. (OTCMKTS:CCOEY) gapped up before the market opened on Friday . The stock had previously closed at $8.80, but opened at $9.10. Capcom shares last traded at $9.10, with a volume of 671 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Nomura upgraded shares of Capcom to a “buy” rating in a research report on Wednesday, June 17th. One equities 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.com, the stock has a consensus rating of “Moderate Buy”.

Capcom Trading Up 2.7%

The company has a debt-to-equity ratio of 0.01, a current ratio of 4.59 and a quick ratio of 5.21. The stock’s 50 day moving average is $9.91 and its 200-day moving average is $10.69. The company has a market capitalization of $9.70 billion, a P/E ratio of 21.15 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.02). Capcom had a net margin of 28.16% and a return on equity of 21.84%. The firm had revenue of $507.80 million for the quarter, compared to the consensus estimate of $439.00 million. As a group, equities research analysts anticipate that Capcom Co., Ltd. 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.