Coloplast A/S (OTCMKTS:CLPBY) Sees Significant Drop in Short Interest

Coloplast A/S (OTCMKTS:CLPBY) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 106,400 shares, a decline of 62.1% from the March 15th total of 280,600 shares. Based on an average trading volume of 354,300 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Several research analysts recently commented on CLPBY shares. Sanford C. Bernstein raised Coloplast A/S from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 28th. Royal Bank of Canada upgraded shares of Coloplast A/S from a “hold” rating to a “moderate buy” rating in a research report on Monday, March 3rd.

Coloplast A/S Stock Up 0.5 %

Shares of OTCMKTS:CLPBY traded up $0.05 during midday trading on Thursday, reaching $10.62. The company’s stock had a trading volume of 248,320 shares, compared to its average volume of 210,093. The business’s fifty day simple moving average is $10.67 and its 200-day simple moving average is $11.58. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.66 and a current ratio of 1.02. Coloplast A/S has a fifty-two week low of $9.67 and a fifty-two week high of $14.14.

Coloplast A/S (OTCMKTS:CLPBY) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.01). Coloplast A/S had a net margin of 17.81% and a return on equity of 28.60%. On average, sell-side analysts anticipate that Coloplast A/S will post 0.31 EPS for the current fiscal year.

About Coloplast A/S

Coloplast A/S engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally. The company operates through Chronic Care, Continence Care, Voice and Respiratory Care, Interventional Urology, and Advanced Wound Care segments.