Shiseido Co. (OTCMKTS:SSDOY) Sees Large Decrease in Short Interest

Shiseido Co. (OTCMKTS:SSDOY) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 13,500 shares, a decline of 32.2% from the August 31st total of 19,900 shares. Based on an average daily trading volume, of 57,500 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 57,500 shares, the short-interest ratio is presently 0.2 days.

Shiseido Stock Down 0.3%

Shares of OTCMKTS SSDOY opened at $17.13 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.81 and a current ratio of 1.24. The firm has a market capitalization of $6.85 billion, a price-to-earnings ratio of -856.07 and a beta of 0.42. The stock has a 50 day moving average price of $16.82 and a 200 day moving average price of $16.88. Shiseido has a 52-week low of $15.32 and a 52-week high of $27.20.

Shiseido (OTCMKTS:SSDOY) last announced its quarterly earnings results on Wednesday, August 6th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.05. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.74 billion. Shiseido had a negative return on equity of 0.15% and a negative net margin of 0.10%. Sell-side analysts expect that Shiseido will post 0.29 earnings per share for the current year.

Analysts Set New Price Targets

Separately, UBS Group upgraded Shiseido to a “hold” rating in a research report on Saturday, September 27th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Shiseido Company Profile

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.