Shiseido Co. (OTCMKTS:SSDOY) Sees Large Increase in Short Interest

Key Points

• Shiseido Co. experienced a significant increase in short interest, with a growth of 103.7% in September, bringing total short interest to 27,500 shares.
• UBS Group upgraded Shiseido's stock rating to a "hold", contributing to a current consensus rating of "Hold" from analysts.
• The company reported earnings of $0.10 EPS for the last quarter, surpassing expectations, but its revenue fell short at $1.64 billion against a forecast of $1.74 billion.

Shiseido Co. (OTCMKTS:SSDOY - Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 27,500 shares, a growth of 103.7% from the September 15th total of 13,500 shares. Based on an average daily volume of 71,400 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 71,400 shares, the short-interest ratio is currently 0.4 days.

Analyst Ratings Changes

Separately, UBS Group upgraded shares of Shiseido to a "hold" rating in a research report on Saturday, September 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of "Hold".

Shiseido Price Performance

Shares of OTCMKTS:SSDOY traded up $0.68 on Monday, reaching $18.91. The company's stock had a trading volume of 66,213 shares, compared to its average volume of 67,973. Shiseido has a 52-week low of $15.32 and a 52-week high of $22.99. The company has a market cap of $7.56 billion, a P/E ratio of -945.03 and a beta of 0.42. The company has a 50-day simple moving average of $16.88 and a 200 day simple moving average of $16.76. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.81 and a current ratio of 1.24.

Shiseido (OTCMKTS:SSDOY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.05. Shiseido had a negative net margin of 0.10% and a negative return on equity of 0.15%. The business had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.74 billion. As a group, equities research analysts anticipate 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.

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