Coloplast A/S (OTCMKTS:CLPBY) Shares Gap Up – Here’s What Happened

Coloplast A/S Sponsored ADR (OTCMKTS:CLPBY)’s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $6.75, but opened at $7.17. Coloplast A/S shares last traded at $7.14, with a volume of 62,691 shares changing hands.

Coloplast A/S Price Performance

The company’s 50 day simple moving average is $6.83 and its 200 day simple moving average is $6.80. The company has a current ratio of 1.56, a quick ratio of 0.94 and a debt-to-equity ratio of 1.51. The stock has a market capitalization of $17.59 billion, a PE ratio of 37.16, a PEG ratio of 2.63 and a beta of 0.10.

Coloplast A/S (OTCMKTS:CLPBY) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $0.09 EPS for the quarter, meeting analysts’ consensus estimates of $0.09. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. Coloplast A/S had a net margin of 10.57% and a return on equity of 42.25%. On average, equities analysts anticipate that Coloplast A/S Sponsored ADR will post 0.41 earnings per share for the current year.

About Coloplast A/S

Coloplast A/S is a Denmark-based medical technology company that develops, manufactures and markets products designed to help people manage intimate health conditions. Its core businesses include ostomy care, continence care, wound and skin care, and interventional urology. The company’s products are used by patients and healthcare professionals in hospitals, clinics and home-care settings.

Coloplast was founded in Denmark in 1957 after nurse Elise Sørensen helped develop an adhesive ostomy bag for her sister, who had undergone surgery.