Shiseido (OTCMKTS:SSDOY) Sees Strong Trading Volume – Here’s Why

Shiseido Co. (OTCMKTS:SSDOY) saw an uptick in trading volume on Thursday . 46,859 shares changed hands during mid-day trading, a decline of 30% from the previous session’s volume of 66,548 shares.The stock last traded at $15.19 and had previously closed at $14.8850.

Analyst Upgrades and Downgrades

SSDOY has been the subject of a number of analyst reports. The Goldman Sachs Group raised Shiseido from a “hold” rating to a “buy” rating in a research note on Wednesday, December 10th. UBS Group raised shares of Shiseido to a “hold” rating in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Shiseido Stock Performance

The business has a fifty day moving average of $16.07 and a 200 day moving average of $16.65. The company has a market cap of $6.04 billion, a P/E ratio of -16.09 and a beta of 0.37. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 0.43.

Shiseido (OTCMKTS:SSDOY) last posted its quarterly earnings data on Monday, November 10th. The company reported ($0.12) earnings per share for the quarter. Shiseido had a negative net margin of 5.80% and a negative return on equity of 1.36%. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.52 billion. On average, equities analysts predict that Shiseido Co. will post 0.29 EPS for the current 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.