Capcom (OTCMKTS:CCOEY) Shares Pass Below 50 Day Moving Average - What's Next?

Key Points

• Capcom's stock price recently dropped below its 50-day moving average, trading at $14.50 after hitting a low of $14.31.
• For the last quarter, Capcom reported earnings per share of $0.20, missing analyst expectations of $0.21, with a revenue of $546.15 million versus the forecasted $595.99 million.
• The company has a market capitalization of $15.46 billion and a low debt-to-equity ratio of 0.03, highlighting a strong financial position.

Shares of Capcom Co., Ltd. (OTCMKTS:CCOEY - Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $15.31 and traded as low as $14.31. Capcom shares last traded at $14.50, with a volume of 26,434 shares.

Capcom Stock Performance

The stock has a market capitalization of $14.06 billion, a P/E ratio of 29.97 and a beta of 0.71. The firm has a 50-day moving average of $15.29 and a 200 day moving average of $13.55. The company has a quick ratio of 2.99, a current ratio of 3.77 and a debt-to-equity ratio of 0.03.

Capcom (OTCMKTS:CCOEY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.14 EPS for the quarter, topping 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 firm had revenue of $305.52 million during the quarter, compared to analysts' expectations of $303.77 million. Research analysts anticipate 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.