Raia Drogasil S.A. (OTCMKTS:RADLY) Sees Large Drop in Short Interest

Raia Drogasil S.A. (OTCMKTS:RADLY) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,765 shares, a decrease of 42.8% from the August 31st total of 3,087 shares. Based on an average daily trading volume, of 185,484 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Raia Drogasil Stock Down 0.0%

RADLY stock traded down $0.00 during midday trading on Wednesday, hitting $3.43. The company’s stock had a trading volume of 58,586 shares, compared to its average volume of 72,956. 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 has a 52-week low of $3.08 and a 52-week high of $5.34. The firm has a market capitalization of $4.51 billion and a P/E ratio of 68.60. The firm has a 50-day simple moving average of $3.68 and a 200-day simple moving average of $3.91.

Raia Drogasil (OTCMKTS:RADLY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. Raia Drogasil had a net margin of 2.97% and a return on equity of 18.20%. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.32 billion. As a group, equities analysts forecast that Raia Drogasil will post 0.17 EPS for the current year.

Raia Drogasil Company Profile

Raia Drogasil, now operating under the brand name RD Saúde, is a Brazilian healthcare and pharmacy retail company. It operates a nationwide network of pharmacies that sells prescription and over-the-counter medicines, personal-care products, cosmetics, health and wellness items, and convenience products.

The company also provides digital shopping and delivery services through its online channels, supporting customers with medication and health-related purchases. Its operations combine physical stores with e-commerce and other healthcare-related services, serving consumers throughout Brazil.

RD Saúde was formed in 2011 through the merger of Drogasil and Droga Raia, two pharmacy chains with roots dating back to the early twentieth century.