Coloplast A/S (OTCMKTS:CLPBY) Shares Gap Up – Still a Buy?

Coloplast A/S Sponsored ADR (OTCMKTS:CLPBY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $6.58, but opened at $6.79. Coloplast A/S shares last traded at $6.8140, with a volume of 15,818 shares changing hands.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised Coloplast A/S to a “strong-buy” rating in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Coloplast A/S Trading Up 3.0%

The company has a quick ratio of 1.09, a current ratio of 1.75 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $15.28 billion, a P/E ratio of 48.43, a price-to-earnings-growth ratio of 2.12 and a beta of 0.13. The company has a fifty day simple moving average of $6.23 and a two-hundred day simple moving average of $6.68.

Coloplast A/S (OTCMKTS:CLPBY) last announced its quarterly earnings results on Tuesday, August 18th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.10. Coloplast A/S had a return on equity of 33.15% and a net margin of 7.46%. On average, sell-side analysts expect that Coloplast A/S Sponsored ADR will post 0.38 earnings per share for the current year.

About Coloplast A/S

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.