Capcom (OTCMKTS:CCOEY) Shares Gap Down - Time to Sell?

Key Points

• Capcom shares gapped down from a previous close of $13.64 to open at $13.00, affecting trading volume with 1,634 shares changing hands.
• The company's latest quarterly earnings reported an EPS of $0.14, exceeding analyst expectations of $0.12, with a net margin of 30.10% and a revenue of $305.52 million.
• Capcom has a market capitalization of $14.36 billion and operates across various segments including digital content and arcade operations, contributing to its profile as a leading video game company.

Shares of Capcom Co., Ltd. (OTCMKTS:CCOEY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $13.64, but opened at $13.00. Capcom shares last traded at $13.44, with a volume of 1,634 shares changing hands.

Capcom Stock Down 1.2%

The firm's 50-day moving average price is $14.16 and its 200 day moving average price is $13.94. The company has a current ratio of 3.77, a quick ratio of 2.99 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $14.36 billion, a price-to-earnings ratio of 30.61 and a beta of 0.59.

Capcom (OTCMKTS:CCOEY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. Capcom had a net margin of 30.10% and a return on equity of 26.91%. The business had revenue of $305.52 million for the quarter, compared to analyst estimates of $303.77 million. On average, sell-side analysts forecast that Capcom Co., Ltd. will post 0.4 EPS for the current fiscal 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.

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