Royal Vopak (OTCMKTS:VOPKY) Shares Gap Down - Should You Sell?

Key Points

• Royal Vopak shares experienced a significant drop, gapping down from a previous close of $49.84 to open at $44.40, marking a decline of 10.9%.
• The company reported earnings of $1.15 per share for the last quarter, with a revenue of $366.03 million and a net margin of 37.14%.
• Royal Vopak has a market capitalization of $5.23 billion and operates various terminals for storing and handling liquid chemicals, gases, and oil products worldwide.

Royal Vopak (OTCMKTS:VOPKY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $49.84, but opened at $44.40. Royal Vopak shares last traded at $44.40, with a volume of 500 shares changing hands.

Royal Vopak Stock Performance

The company has a 50-day moving average price of $48.55 and a two-hundred day moving average price of $45.08. The stock has a market capitalization of $5.05 billion, a P/E ratio of 9.65 and a beta of 0.68. The company has a quick ratio of 0.61, a current ratio of 0.77 and a debt-to-equity ratio of 0.66.

Royal Vopak (OTCMKTS:VOPKY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $1.15 earnings per share for the quarter. Royal Vopak had a return on equity of 12.16% and a net margin of 37.14%.The firm had revenue of $366.03 million for the quarter. Equities analysts expect that Royal Vopak will post 3.68 earnings per share for the current year.

About Royal Vopak

Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases, and oil products to the energy and manufacturing markets worldwide. The company operates LPG and chemical gas, industrial, chemical, and oil terminals; and owns and operates specialized facilities consisting of tanks, jetties, truck loading stations, and pipelines.