Capcom (OTCMKTS:CCOEY) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Shares of Capcom Co., Ltd. (OTCMKTS:CCOEYGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $9.65 and traded as high as $10.4275. Capcom shares last traded at $10.24, with a volume of 86,999 shares.

Analyst Ratings Changes

Separately, Nomura raised Capcom to a “buy” rating in a 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on Capcom

Capcom Trading Up 0.4%

The company has a 50 day moving average of $9.65 and a 200 day moving average of $10.56. The firm has a market cap of $10.92 billion, a price-to-earnings ratio of 23.81 and a beta of 0.64. The company has a current ratio of 4.59, a quick ratio of 3.50 and a debt-to-equity ratio of 0.01.

Capcom (OTCMKTS:CCOEYGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.02). The company had revenue of $507.80 million for the quarter, compared to analyst estimates of $439.00 million. Capcom had a return on equity of 21.84% and a net margin of 28.16%. As a group, research analysts anticipate that Capcom Co., Ltd. will post 0.45 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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