Coloplast A/S (OTCMKTS:CLPBY) Sees Strong Trading Volume – Here’s What Happened

Shares of Coloplast A/S Sponsored ADR (OTCMKTS:CLPBY) saw strong trading volume on Tuesday . 555,199 shares traded hands during trading, an increase of 65% from the previous session’s volume of 336,546 shares.The stock last traded at $8.94 and had previously closed at $8.9875.

Coloplast A/S Stock Down 0.5%

The stock has a market cap of $20.15 billion, a P/E ratio of 37.25, a P/E/G ratio of 0.84 and a beta of 0.26. The company has a quick ratio of 1.00, a current ratio of 1.61 and a debt-to-equity ratio of 1.20. The company has a 50-day simple moving average of $8.89 and a two-hundred day simple moving average of $9.19.

Coloplast A/S (OTCMKTS:CLPBY) last issued its earnings results on Tuesday, November 4th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.02). The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Coloplast A/S had a return on equity of 24.99% and a net margin of 13.01%. On average, equities analysts forecast that Coloplast A/S Sponsored ADR will post 0.31 EPS for the current year.

Coloplast A/S Company Profile

Coloplast A/S is a global developer and manufacturer of medical devices and services focused on intimate healthcare. The company specializes in solutions designed to assist individuals with chronic medical conditions, aiming to improve quality of life through innovative products. Coloplast’s offerings span ostomy care, continence care, wound and skin care, and interventional urology, targeting patients who require long-term support and specialized treatments.

In its ostomy business, Coloplast provides pouches, skin barriers and accessories for patients who have had surgical procedures to divert bodily waste.