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

Key Points

• Capcom's stock price increased from $13.92 to $14.40 when the market opened, with a trading volume of 170,723 shares.
• The company's latest earnings report showed an earnings per share of $0.14, exceeding analyst estimates of $0.12, and total revenue of $305.52 million.
• Capcom has a market capitalization of $15.25 billion and significant liquidity with a quick ratio of 2.99 and a current ratio of 3.77.

Capcom Co., Ltd. (OTCMKTS:CCOEY - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $13.92, but opened at $14.40. Capcom shares last traded at $14.40, with a volume of 170,723 shares changing hands.

Capcom Stock Down 2.9%

The company has a fifty day simple moving average of $13.93 and a 200-day simple moving average of $14.00. The company has a quick ratio of 2.99, a current ratio of 3.77 and a debt-to-equity ratio of 0.03. The firm has a market cap of $14.53 billion, a P/E ratio of 30.98 and a beta of 0.59.

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

Capcom Company Profile

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.