Short Interest in Capcom Co., Ltd. (OTCMKTS:CCOEY) Drops By 86.6%

Capcom Co., Ltd. (OTCMKTS:CCOEY) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 63,579 shares, a drop of 86.6% from the January 15th total of 475,869 shares. Based on an average daily volume of 435,560 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 435,560 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, UBS Group raised Capcom to a “hold” rating in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Capcom Price Performance

OTCMKTS:CCOEY opened at $10.72 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.64 and a quick ratio of 3.93. The company has a 50 day moving average price of $11.51 and a 200-day moving average price of $12.77. Capcom has a 1-year low of $9.77 and a 1-year high of $17.20. The firm has a market cap of $11.43 billion, a price-to-earnings ratio of 21.02 and a beta of 0.71.

Capcom (OTCMKTS:CCOEY) last released its quarterly earnings results on Tuesday, January 27th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02. Capcom had a net margin of 32.82% and a return on equity of 26.93%. The company had revenue of $221.79 million for the quarter, compared to analyst estimates of $223.38 million. Equities research analysts forecast that Capcom will post 0.4 EPS 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.