Terumo (OTCMKTS:TRUMY) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Terumo Co. (OTCMKTS:TRUMYGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $18.82 and traded as high as $20.12. Terumo shares last traded at $19.40, with a volume of 106,121 shares trading hands.

Terumo Stock Up 1.2 %

The firm has a market cap of $29.26 billion, a price-to-earnings ratio of 42.02 and a beta of 0.64. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.98 and a quick ratio of 1.72. The firm’s fifty day moving average is $18.85 and its two-hundred day moving average is $18.25.

Terumo (OTCMKTS:TRUMYGet Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $1.66 billion during the quarter. On average, sell-side analysts expect that Terumo Co. will post 0.68 EPS for the current fiscal year.

About Terumo

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Terumo Corporation engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally. The company operates through three segments: Cardiac and Vascular Company, Medical Care Solutions Company, and Blood and Cell Technologies Company.

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