Industria de Diseño Textil (OTCMKTS:IDEXY) Trading Down 0.1% – Here’s What Happened

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) shares traded down 0.1% on Wednesday . The company traded as low as $27.05 and last traded at $27.09. 451,187 shares were traded during mid-day trading, an increase of 38% from the average session volume of 325,778 shares. The stock had previously closed at $27.11.

Analysts Set New Price Targets

Separately, Royal Bank of Canada cut Industria de Diseño Textil from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 12th.

Industria de Diseño Textil Price Performance

The company has a market cap of $168.86 billion, a price-to-earnings ratio of 26.82, a P/E/G ratio of 2.56 and a beta of 1.10. The firm has a fifty day simple moving average of $26.44 and a 200 day simple moving average of $26.99.

Industria de Diseño Textil (OTCMKTS:IDEXY) last posted its earnings results on Wednesday, December 11th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Industria de Diseño Textil had a net margin of 15.19% and a return on equity of 32.33%. Analysts expect that Industria de Diseño Textil, S.A. will post 0.99 earnings per share for the current year.

Industria de Diseño Textil Company Profile

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.