Sysmex (OTCMKTS:SSMXY) Shares Gap Down - Here's What Happened

Shares of Sysmex Corporation ADR (OTCMKTS:SSMXY - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $16.79, but opened at $16.16. Sysmex shares last traded at $16.38, with a volume of 1,421 shares.

Sysmex Stock Performance

The company has a market capitalization of $10.43 billion, a P/E ratio of 29.59 and a beta of 1.14. The stock has a fifty day simple moving average of $16.96 and a 200-day simple moving average of $18.00. The company has a quick ratio of 2.30, a current ratio of 2.97 and a debt-to-equity ratio of 0.12.

Sysmex (OTCMKTS:SSMXY - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by ($0.04). Sysmex had a net margin of 10.56% and a return on equity of 11.81%. The business had revenue of $958.89 million during the quarter, compared to analyst estimates of $991.22 million. Equities analysts forecast that Sysmex Corporation ADR will post 0.57 EPS for the current year.

Sysmex Company Profile

Sysmex Corporation engages in the development, manufacture, and sale of diagnostic instruments, reagents, and related software in Japan. It offers three-part and five-part white blood cell differentiation instruments for use in hematology; and transport systems for high-volume testing in labs. The company also provides automated urine particle analyzers; automated blood coagulation analyzers; automated immunochemistry systems, which perform assays on minute sample quantities, as well as reagents to test for infectious disease and tumor markers; and flow cytometers to perform analysis in diagnosing leukemia, malignant lymphoma, and HIV/AIDS.