Mandom (OTCMKTS:MDOMF) Shares Gap Down - What's Next?

Key Points

• Mandom Co. shares experienced a significant gap down, opening at $12.71 after closing at $13.10, indicating a decline in stock price.
• The company has a market capitalization of $613.50 million and a P/E ratio of 18.42, highlighting its growth potential in the cosmetics and skincare market.
• Mandom manufactures a variety of grooming and beauty products, targeting markets in Japan and Indonesia under well-known brands like Gatsby and Lúcido.

Mandom Co. (OTCMKTS:MDOMF - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $13.10, but opened at $12.71. Mandom shares last traded at $12.71, with a volume of 500 shares trading hands.

Mandom Stock Performance

The company has a market cap of $613.50 million, a price-to-earnings ratio of 18.42 and a beta of 2.58. The firm's 50-day moving average price is $9.38 and its 200 day moving average price is $9.13.

About Mandom

Mandom Corporation engages in the manufacture and sale of cosmetics, perfumes, and quasi-drugs in Japan, Indonesia, and internationally. The company offers a range of products, including men's everyday grooming products, as well as general fashion items, such as hair styling, skin care, and body care products; and hair coloring, scalp care, and face care products under the Gatsby and Lúcido brands.