Capcom (OTCMKTS:CCOEY) Upgraded by Zacks Investment Research to Hold

Zacks Investment Research upgraded shares of Capcom (OTCMKTS:CCOEYGet Rating) from a sell rating to a hold rating in a report released on Tuesday morning, Zacks.com reports.

According to Zacks, “CAPCOM CO., LTD. plans, develops, manufactures, sells and distributes consumer video game. Its operating segment consists of Digital Contents, Arcade Operations, Amusement Equipments and Other Businesses segments. Digital Contents segment develops and sells household games and online games and contents for cell phones. Amusement Equipment segment develops, manufactures and sells game machine for store operators. Arcade Operations segment operates Plaza Capcom amusement facilities in commercial complexes as well as hosts various events. Others segment involves the character-related license business and the real estate leasing business. CAPCOM CO., LTD. is headquartered in Osaka, Japan. “

OTCMKTS:CCOEY opened at $13.53 on Tuesday. The company has a current ratio of 5.32, a quick ratio of 4.25 and a debt-to-equity ratio of 0.03. Capcom has a 12 month low of $10.60 and a 12 month high of $16.47. The business’s 50-day moving average is $12.42 and its 200 day moving average is $12.34.

Capcom Company Profile (Get Rating)

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 packaged and digital game content for consumer home video game platforms, as well as mobile content and PC online games.

Further Reading

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