Terumo (OTCMKTS:TRUMY) Shares Gap Down – Time to Sell?

Shares of Terumo Corp. (OTCMKTS:TRUMY) gapped down prior to trading on Tuesday . The stock had previously closed at $13.09, but opened at $12.6301. Terumo shares last traded at $13.02, with a volume of 42,951 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Nomura upgraded shares of Terumo to a “hold” rating in a report on Tuesday, February 24th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Terumo Price Performance

The company has a market cap of $19.01 billion, a PE ratio of 22.22 and a beta of 0.74. The firm’s 50-day moving average is $13.49 and its 200-day moving average is $15.24. The company has a quick ratio of 0.89, a current ratio of 1.51 and a debt-to-equity ratio of 0.07.

Terumo (OTCMKTS:TRUMY) last issued its quarterly earnings data on Friday, February 13th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). Terumo had a return on equity of 9.01% and a net margin of 11.74%.The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.82 billion.

Terumo Company Profile

Terumo Corporation (OTCMKTS: TRUMY) is a Japan-based medical technology company that develops, manufactures and markets a broad range of healthcare products for hospitals, clinics and blood centers. Its businesses encompass cardiovascular systems, general hospital products and blood management and cell technologies, supplying devices used in interventional and surgical procedures as well as everyday clinical care. Terumo sells consumables and capital equipment intended to support patient care across acute and ambulatory settings.

Key product categories include vascular access and interventional devices (such as guidewires, catheters and delivery systems), cardiac and cardiopulmonary surgical equipment, infusion therapy products (including infusion pumps and disposables), syringes and blood bags.