Mandom (OTCMKTS:MDOMF) Shares Up 11.5% - Still a Buy?

Key Points

• Mandom Co. shares surged 11.5% during trading, reaching a high of $13.10, with trading volume increasing by 93% compared to the average session.
• The company has a market capitalization of $632.32 million, a PE ratio of 18.99, and is noted for its portfolio of grooming and cosmetic products under brands like Gatsby and Lúcido.
• Mandom's 50-day moving average is $9.08 and its 200-day moving average is $9.03, indicating strong recent stock performance.

Shares of Mandom Co. (OTCMKTS:MDOMF - ) shot up 11.5% during trading on Wednesday . The stock traded as high as $13.10 and last traded at $13.10. 1,400 shares traded hands during mid-day trading, an increase of 93% from the average session volume of 725 shares. The stock had previously closed at $11.75.

Mandom Stock Performance

The firm's 50-day moving average is $9.08 and its 200 day moving average is $9.03. The stock has a market cap of $632.32 million, a PE ratio of 18.99 and a beta of 2.58.

Mandom Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.