Capcom (OTCMKTS:CCOEY) Announces Earnings Results

Capcom (OTCMKTS:CCOEY) issued its earnings results on Tuesday. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.05, Zacks reports. Capcom had a return on equity of 21.84% and a net margin of 28.16%.

Capcom Price Performance

Shares of Capcom stock opened at $11.15 on Tuesday. The company has a current ratio of 4.59, a quick ratio of 3.50 and a debt-to-equity ratio of 0.01. The firm has a fifty day simple moving average of $9.60 and a 200-day simple moving average of $10.45. The stock has a market capitalization of $11.89 billion, a price-to-earnings ratio of 25.93 and a beta of 0.64. Capcom has a 1-year low of $8.63 and a 1-year high of $14.87.

Wall Street Analyst Weigh In

Separately, Nomura upgraded 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’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Capcom Company Profile

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.