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Capcom (OTCMKTS:CCOEY) Stock Crosses Above Fifty Day Moving Average - Here's Why

Capcom logo with Consumer Discretionary background

Capcom Co., Ltd. (OTCMKTS:CCOEY - Get Free Report)'s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $13.75 and traded as high as $15.13. Capcom shares last traded at $14.96, with a volume of 9,241 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group initiated coverage on Capcom in a report on Tuesday, March 25th. They set a "buy" rating on the stock.

Check Out Our Latest Analysis on Capcom

Capcom Stock Down 0.6%

The stock has a market cap of $15.87 billion, a PE ratio of 39.18 and a beta of 0.72. The firm has a fifty day moving average of $13.80 and a 200 day moving average of $12.37. The company has a quick ratio of 4.57, a current ratio of 6.47 and a debt-to-equity ratio of 0.01.

Capcom (OTCMKTS:CCOEY - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.01). The business had revenue of $546.15 million for the quarter, compared to the consensus estimate of $595.99 million. On average, equities research analysts anticipate that Capcom Co., Ltd. will post 0.4 EPS for the current fiscal year.

Capcom Company Profile

(Get Free Report)

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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