Coloplast A/S (OTCMKTS:CLPBY) Shares Gap Up – Time to Buy?

Coloplast A/S Sponsored ADR (OTCMKTS:CLPBY)’s share 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 upgraded shares of Coloplast A/S to a “strong-buy” rating in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Coloplast A/S Price Performance

The company has a current ratio of 1.75, a quick ratio of 1.09 and a debt-to-equity ratio of 1.66. The company has a 50 day simple moving average of $6.23 and a 200 day simple moving average of $6.68. The stock has a market cap of $15.28 billion, a P/E ratio of 48.43, a PEG ratio of 2.12 and a beta of 0.13.

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