Coloplast A/S (OTCMKTS:CLPBF) Stock Price Up 0.9% – Still a Buy?

Coloplast A/S (OTCMKTS:CLPBFGet Free Report)’s share price was up 0.9% during trading on Friday . The company traded as high as $77.0150 and last traded at $77.0150. Approximately 13 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 1,408 shares. The stock had previously closed at $76.2915.

Coloplast A/S Stock Performance

The stock’s fifty day simple moving average is $82.59 and its two-hundred day simple moving average is $88.53.

Coloplast A/S Company Profile

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Coloplast A/S is a Denmark‐based medical device company specializing in the development and manufacturing of products and services for people with intimate healthcare needs. Founded in 1957 by Aage Louis‐Hansen and Poul Mollgaard Jensen, the company set out to improve quality of life for patients requiring ostomy care, and has since expanded into multiple clinical areas. Coloplast is headquartered in Humlebæk, Denmark, and combines in‐house research and development with strategic partnerships to drive innovation in its core markets.

The company’s product portfolio is organized around four primary areas: ostomy care, continence care, wound and skin care, and interventional urology.

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