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

Terumo logo with Medical background

Terumo Corp. (OTCMKTS:TRUMY - Get Free Report) shares gapped down prior to trading 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.

Terumo Price Performance

The business has a fifty day moving average price of $18.24 and a 200-day moving average price of $18.55. 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 capitalization of $24.61 billion, a PE ratio of 31.96 and a beta of 0.79.

Terumo (OTCMKTS:TRUMY - Get Free Report) last released its earnings results 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 company had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.79 billion.

About Terumo

(Get Free Report)

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.

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