Capcom (OTCMKTS:CCOEY) Shares Gap Down - Here's What Happened

Capcom Co., Ltd. (OTCMKTS:CCOEY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $17.08, but opened at $15.97. Capcom shares last traded at $16.34, with a volume of 1,556 shares traded.

Analyst Ratings Changes

Separately, The Goldman Sachs Group assumed coverage on shares of Capcom in a research report on Tuesday, March 25th. They issued a "buy" rating on the stock.

Capcom Stock Performance

The stock has a market capitalization of $17.14 billion, a PE ratio of 42.32 and a beta of 0.71. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.77 and a quick ratio of 2.99. The firm has a fifty day moving average price of $15.00 and a two-hundred day moving average price of $12.98.

Capcom (OTCMKTS:CCOEY - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). Capcom had a return on equity of 23.33% and a net margin of 28.51%. The firm had revenue of $546.15 million for the quarter, compared to analysts' expectations of $595.99 million. Research analysts expect that Capcom Co., Ltd. will post 0.4 EPS for the current year.

About Capcom

Capcom Co, Ltd. plans, develops, manufactures, sells, and distributes home video games, online games, mobile games, and arcade games in Japan and internationally. It operates through Digital Contents, Arcade Operations, Amusement Equipments, and Other Businesses segments. The Digital Contents segment develops and sells digital game content for consumer home video game platforms, as well as mobile content and PC online games.