Shiseido (OTCMKTS:SSDOY) Shares Gap Down - Should You Sell?

Key Points

• Shiseido's shares opened at $16.88, down from a previous close of $18.05, with the last traded price at $17.00.
• The company reported $0.10 EPS for the last quarter, surpassing expectations of $0.05, but its revenue of $1.64 billion fell short of the anticipated $1.74 billion.
• Shiseido has a market capitalization of $6.92 billion and a significantly high P/E ratio of -865.07, indicating potential concerns about its profitability.

Shares of Shiseido Co. (OTCMKTS:SSDOY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $18.05, but opened at $16.88. Shiseido shares last traded at $17.00, with a volume of 3,868 shares trading hands.

Shiseido Price Performance

The company has a debt-to-equity ratio of 0.36, a current ratio of 1.20 and a quick ratio of 0.79. The firm has a market cap of $6.92 billion, a P/E ratio of -865.07 and a beta of 0.41. The stock's 50-day simple moving average is $17.03 and its two-hundred day simple moving average is $17.13.

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