Terumo Co. (OTCMKTS:TRUMY – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 10,100 shares, a drop of 68.7% from the August 15th total of 32,300 shares. Based on an average daily volume of 54,600 shares, the short-interest ratio is presently 0.2 days.
Terumo Trading Down 0.6 %
Terumo stock traded down $0.19 during mid-day trading on Thursday, hitting $29.27. The company’s stock had a trading volume of 9,865 shares, compared to its average volume of 41,947. The stock’s fifty day moving average is $30.28 and its two-hundred day moving average is $29.72. The company has a current ratio of 2.80, a quick ratio of 1.66 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $21.88 billion, a PE ratio of 33.26 and a beta of 0.56. Terumo has a 1 year low of $25.59 and a 1 year high of $33.66.
Analyst Ratings Changes
Separately, Jefferies Financial Group lowered shares of Terumo from a “buy” rating to a “hold” rating in a report on Monday, August 14th.
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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