Sysmex (OTCMKTS:SSMXY) Shares Gap Up - Time to Buy?

Sysmex Corporation ADR (OTCMKTS:SSMXY - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $17.39, but opened at $18.04. Sysmex shares last traded at $17.27, with a volume of 3,428 shares traded.

Sysmex Price Performance

The company has a quick ratio of 2.30, a current ratio of 2.97 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $10.86 billion, a price-to-earnings ratio of 30.80 and a beta of 1.14. The company's 50-day simple moving average is $17.27 and its 200 day simple moving average is $18.11.

Sysmex (OTCMKTS:SSMXY - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.04). The business had revenue of $958.89 million for the quarter, compared to analyst estimates of $991.22 million. Sysmex had a return on equity of 11.81% and a net margin of 10.56%. Equities research 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.