Shiseido (OTCMKTS:SSDOY) Shares Gap Up - Time to Buy?

Key Points

• Shiseido shares experienced a significant gap up in trading, opening at $17.00 after closing at $16.46, with a current trading price of $16.82.
• The company reported earnings of $0.10 EPS, beating analysts' expectations of $0.05, although revenue of $1.64 billion fell short of the $1.74 billion forecast.
• Shiseido has a market capitalization of $6.77 billion and maintains a debt-to-equity ratio of 0.35, indicating a stable financial position.

Shiseido Co. (OTCMKTS:SSDOY - Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $16.46, but opened at $17.00. Shiseido shares last traded at $16.82, with a volume of 14,327 shares trading hands.

Shiseido Stock Performance

The company has a market cap of $6.59 billion, a P/E ratio of -823.59 and a beta of 0.39. The firm has a 50 day moving average of $16.68 and a 200-day moving average of $17.05. The company has a quick ratio of 0.81, a current ratio of 1.24 and a debt-to-equity ratio of 0.35.

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