Capcom (OTCMKTS:CCOEY) Shares Gap Down – Here’s What Happened

Capcom Co., Ltd. (OTCMKTS:CCOEYGet Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $9.39, but opened at $8.77. Capcom shares last traded at $8.79, with a volume of 11,117 shares.

Capcom Stock Down 4.0%

The stock has a market cap of $9.34 billion, a PE ratio of 20.38 and a beta of 0.62. The business’s fifty day moving average is $10.48 and its 200 day moving average is $11.05.

Capcom (OTCMKTS:CCOEYGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). Capcom had a return on equity of 22.28% and a net margin of 28.16%.The company had revenue of $507.80 million for the quarter, compared to analysts’ expectations of $439.00 million. As a group, analysts predict that Capcom Co., Ltd. will post 0.47 EPS for the current year.

About Capcom

(Get Free Report)

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.

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