Terumo (OTCMKTS:TRUMY) Shares Gap Down - Here's What Happened

Terumo Corp. (OTCMKTS:TRUMY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $16.74, but opened at $16.25. Terumo shares last traded at $16.88, with a volume of 575 shares trading hands.

Terumo Trading Down 0.2%

The business has a 50 day simple moving average of $18.30 and a two-hundred day simple moving average of $18.57. The company has a current ratio of 3.00, a quick ratio of 1.78 and a debt-to-equity ratio of 0.12. The stock has a market cap of $24.67 billion, a price-to-earnings ratio of 32.04 and a beta of 0.79.

Terumo (OTCMKTS:TRUMY - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.07). Terumo had a net margin of 11.28% and a return on equity of 8.48%. The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.79 billion.

About Terumo

Terumo Corporation engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally. The company operates through three segments: Cardiac and Vascular Company, Medical Care Solutions Company, and Blood and Cell Technologies Company.