Sysmex (OTCMKTS:SSMXY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Sysmex Corporation ADR (OTCMKTS:SSMXY) saw unusually-high trading volume on Wednesday. 333,378 shares changed hands during mid-day trading, an increase of 74% from the previous session’s volume of 191,515 shares. The stock last traded at $11.88 and had previously closed at $11.91.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Sysmex from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Sysmex Trading Up 0.2%

The firm has a market cap of $7.51 billion, a price-to-earnings ratio of 28.41 and a beta of 1.18. The firm’s 50-day moving average is $11.70 and its 200-day moving average is $9.89. The company has a current ratio of 3.40, a quick ratio of 2.53 and a debt-to-equity ratio of 0.23.

Sysmex (OTCMKTS:SSMXY) last released its quarterly earnings data on Friday, August 7th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The firm had revenue of $825.85 million for the quarter, compared to analyst estimates of $741.67 million. Sysmex had a net margin of 7.62% and a return on equity of 8.01%. Sysmex has set its FY 2026 guidance at 0.382-0.382 EPS. As a group, sell-side analysts anticipate that Sysmex Corporation ADR will post 0.41 EPS for the current fiscal year.

About Sysmex

Sysmex Corporation is a Japan-based healthcare technology company that develops, manufactures and distributes in vitro diagnostic products and laboratory solutions. The company is best known for its automated hematology analyzers, which are used to examine blood cells, along with related reagents, software and support services.

Its product portfolio also includes systems for hemostasis, urinalysis, clinical chemistry and immunochemistry, as well as laboratory automation and information-management solutions.