Coloplast A/S (OTCMKTS:CLPBY) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Coloplast A/S (OTCMKTS:CLPBY)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $13.40 and traded as low as $12.80. Coloplast A/S shares last traded at $12.96, with a volume of 40,772 shares traded.

Coloplast A/S Stock Performance

The firm’s 50 day moving average is $13.40 and its 200 day moving average is $12.87. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.56 and a current ratio of 0.85. The stock has a market cap of $27.99 billion, a P/E ratio of 39.27, a price-to-earnings-growth ratio of 3.30 and a beta of -0.02.

Coloplast A/S (OTCMKTS:CLPBY) last issued its quarterly earnings results on Tuesday, August 20th. The company reported $0.08 earnings per share (EPS) for the quarter. The business had revenue of $993.49 million for the quarter. Coloplast A/S had a return on equity of 31.39% and a net margin of 18.89%. Analysts anticipate that Coloplast A/S will post 0.34 EPS for the current year.

Coloplast A/S Company Profile

Coloplast A/S engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally. The company operates through Chronic Care, Continence Care, Voice and Respiratory Care, Interventional Urology, and Advanced Wound Care segments.