Industria de Diseño Textil (OTCMKTS:IDEXY) Trading Down 0.2%

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY)’s stock price fell 0.2% on Tuesday . The company traded as low as $24.70 and last traded at $24.74. 160,022 shares traded hands during trading, an increase of 22% from the average session volume of 131,558 shares. The stock had previously closed at $24.78.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada lowered shares of Industria de Diseño Textil from an “outperform” rating to a “sector perform” rating in a research report on Friday, May 17th.

Industria de Diseño Textil Price Performance

The stock’s 50 day moving average is $24.60 and its 200-day moving average is $23.40.

Industria de Diseño Textil (OTCMKTS:IDEXY) last issued its earnings results on Wednesday, June 5th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. Industria de Diseño Textil had a return on equity of 31.68% and a net margin of 15.09%. The business had revenue of $8.85 billion during the quarter, compared to analyst estimates of $9.13 billion. On average, analysts expect that Industria de Diseño Textil, S.A. will post 1.05 earnings per share for the current year.

About Industria de Diseño Textil

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.