Shiseido Company, Limited (OTCMKTS:SSDOY) Short Interest Down 58.2% in March

Shiseido Company, Limited (OTCMKTS:SSDOY) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 26,600 shares, a decrease of 58.2% from the February 29th total of 63,700 shares. Based on an average daily trading volume, of 332,900 shares, the days-to-cover ratio is presently 0.1 days.

Shiseido Stock Performance

Shiseido stock traded up $0.85 during mid-day trading on Thursday, hitting $27.36. 77,641 shares of the company’s stock traded hands, compared to its average volume of 199,330. The firm has a 50 day simple moving average of $27.74 and a two-hundred day simple moving average of $30.08. Shiseido has a fifty-two week low of $25.44 and a fifty-two week high of $51.16. The stock has a market cap of $10.93 billion, a price-to-earnings ratio of 67.97 and a beta of 0.37. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.29 and a quick ratio of 0.88.

Shiseido (OTCMKTS:SSDOY) last announced its quarterly earnings results on Friday, February 9th. The company reported $0.02 earnings per share (EPS) for the quarter. Shiseido had a return on equity of 3.42% and a net margin of 2.26%. The business had revenue of $1.70 billion during the quarter. On average, research analysts expect that Shiseido will post 0.55 EPS for the current fiscal 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.