Shiseido Co. (OTCMKTS:SSDOY) Sees Significant Decrease in Short Interest

Key Points

• Shiseido Co. experienced a significant decline in short interest, dropping 86.1% from 31,000 shares to just 4,300 shares during July.
• The company's latest quarterly earnings showed an EPS of $0.10, surpassing the consensus estimate of $0.05, but its revenue fell short at $1.64 billion against an expectation of $1.74 billion.
• Shiseido's stock price currently stands at $17.24, with a market capitalization of $6.89 billion, and a troubling price-to-earnings ratio of -861.57.

Shiseido Co. (OTCMKTS:SSDOY - Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 4,300 shares, adropof86.1% from the July 15th total of 31,000 shares. Based on an average daily trading volume, of 92,200 shares, the days-to-cover ratio is currently 0.0 days. Currently,0.0% of the shares of the company are sold short. Currently,0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 92,200 shares, the days-to-cover ratio is currently 0.0 days.

Shiseido Stock Performance

OTCMKTS:SSDOY traded down $0.03 during trading hours on Monday, reaching $17.41. The stock had a trading volume of 12,365 shares, compared to its average volume of 37,664. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.79 and a current ratio of 1.20. The stock has a 50 day simple moving average of $17.17 and a 200 day simple moving average of $17.17. Shiseido has a 12-month low of $15.32 and a 12-month high of $27.81. The stock has a market cap of $6.96 billion, a P/E ratio of -870.06 and a beta of 0.41.

Shiseido (OTCMKTS:SSDOY - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.05. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.74 billion. Shiseido had a negative return on equity of 0.15% and a negative net margin of 0.10%. On average, research analysts forecast that Shiseido will post 0.29 EPS for the current fiscal year.

About Shiseido

Shiseido Company, Limited engages in the production and sale of cosmetics in Japan and internationally. The company offers fragrances; and skincare and makeup products. It also engages in the restaurant and food, and retail businesses; and operates beauty salons. In addition, the company operates and supports SABFA, a professional hair makeup training school.