Coloplast A/S (OTCMKTS:CLPBF) Shares Down 0.8% – Here’s Why

Shares of Coloplast A/S (OTCMKTS:CLPBF) traded down 0.8% during trading on Thursday . The stock traded as low as $66.48 and last traded at $66.48. 50 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 1,131 shares. The stock had previously closed at $67.00.

Coloplast A/S Trading Down 0.8%

The business’s 50-day simple moving average is $76.60 and its two-hundred day simple moving average is $85.11.

Coloplast A/S Company Profile

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.