Coloplast A/S (OTCMKTS:CLPBY) Hits New 52-Week Low – What’s Next?

Coloplast A/S Sponsored ADR (OTCMKTS:CLPBY) reached a new 52-week low on Thursday . The stock traded as low as $6.59 and last traded at $6.6380, with a volume of 58717 shares trading hands. The stock had previously closed at $6.85.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded Coloplast A/S to a “hold” rating in a report on Wednesday, January 28th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Coloplast A/S Stock Performance

The stock has a market cap of $15.03 billion, a PE ratio of 24.70, a price-to-earnings-growth ratio of 0.72 and a beta of 0.33. The company has a quick ratio of 0.81, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. The firm has a 50 day moving average price of $7.94 and a 200 day moving average price of $8.66.

Coloplast A/S (OTCMKTS:CLPBY) last posted its earnings results on Friday, February 6th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Coloplast A/S had a net margin of 14.35% and a return on equity of 27.87%. As a group, research analysts forecast that Coloplast A/S Sponsored ADR will post 0.31 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.