Raia Drogasil (OTCMKTS:RADLY) Shares Gap Up – Still a Buy?

Shares of Raia Drogasil S.A. (OTCMKTS:RADLY) gapped up before the market opened on Friday. The stock had previously closed at $3.32, but opened at $3.5697. Raia Drogasil shares last traded at $3.5697, with a volume of 33,444 shares changing hands.

Raia Drogasil Price Performance

The company has a 50 day simple moving average of $3.67 and a 200 day simple moving average of $3.89. The company has a market capitalization of $4.70 billion and a price-to-earnings ratio of 71.39. The company has a quick ratio of 0.58, a current ratio of 1.41 and a debt-to-equity ratio of 0.99.

Raia Drogasil (OTCMKTS:RADLY) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.32 billion. Raia Drogasil had a return on equity of 18.20% and a net margin of 2.97%. As a group, research analysts predict that Raia Drogasil S.A. will post 0.17 EPS for the current year.

Raia Drogasil Company Profile

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.