Hypermarcas (OTCMKTS:HYPMY) Sees Large Volume Increase - Should You Buy?

Hypermarcas (OTCMKTS:HYPMY - Get Free Report) shares saw strong trading volume on Wednesday . 361,579 shares changed hands during trading, an increase of 463% from the previous session's volume of 64,203 shares.The stock last traded at $4.86 and had previously closed at $4.79.

Wall Street Analyst Weigh In

Separately, Scotiabank raised Hypermarcas to a "strong-buy" rating in a report on Thursday, July 17th.

Hypermarcas Price Performance

The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 19.38 and a beta of 0.81. The company has a fifty day simple moving average of $4.71 and a 200 day simple moving average of $3.88. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.80 and a current ratio of 1.26.

Hypermarcas (OTCMKTS:HYPMY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $184.34 million during the quarter. Hypermarcas had a return on equity of 6.95% and a net margin of 12.51%.

Hypermarcas Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 8th. Stockholders of record on Tuesday, July 1st will be paid a $0.0345 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a dividend yield of 2.81%. Hypermarcas's payout ratio is presently 58.33%.

Hypermarcas Company Profile

Hypera SA operates as a pharmaceutical company in Brazil. It offers prescription products under the Adacne, Addera, apri, AmpliumG, please, Celestamine, Celestone, Celestone Soluspan, Cizax, deciprax, Derive C Micro, Micro Drift, Dermotil Fusid, Digedrat, diprogent, Diprosalic, Diprosone, diprospan, Emprol XR, Flow, Garasone, Halobex, Lipanon, moon, Lydian, macrodantin, Max Sulid, milgamma, Mioflex A, nesina, Novotram, oximax, peridal, Peridal Suspension, PredSim, Pressaliv, Quadriderm, Rizi, Rizi M, softalm, tacroz, tinodin, umma, and velunid brands.