Raia Drogasil (OTCMKTS:RADLY) Shares Gap Down – Time to Sell?

Raia Drogasil S.A. (OTCMKTS:RADLY) gapped down prior to trading on Friday. The stock had previously closed at $4.01, but opened at $3.81. Raia Drogasil shares last traded at $3.80, with a volume of 747 shares trading hands.

Raia Drogasil Stock Down 9.1%

The firm has a market cap of $5.00 billion and a price-to-earnings ratio of 25.33. The business’s 50-day moving average is $3.74 and its 200-day moving average is $3.86. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.58 and a current ratio of 1.41.

Raia Drogasil (OTCMKTS:RADLY) last posted its earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05. The company had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Raia Drogasil had a net margin of 2.99% and a return on equity of 20.12%. On average, equities analysts predict that Raia Drogasil S.A. will post 0.17 EPS for the current year.

About Raia Drogasil

Raia Drogasil SA, known as RD Saúde, is a Brazilian healthcare and pharmacy retail company. It operates a nationwide network of drugstores under the Raia and Drogasil brands, offering prescription medicines, over-the-counter products, vitamins, personal-care items, cosmetics and other health-related merchandise.

The company also provides digital shopping and delivery services through its online channels, supporting customers with prescription fulfillment and access to pharmacy products.