Recordati Industria Chimica E Farmaceutica S.P.A. (OTCMKTS:RCDTF – Get Free Report) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 191,938 shares, a decline of 35.0% from the June 15th total of 295,188 shares. Based on an average daily volume of 20 shares, the days-to-cover ratio is currently 9,596.9 days. Approximately 0.1% of the shares of the company are sold short.
Recordati Industria Chimica E Farmaceutica Stock Performance
Shares of RCDTF stock opened at $58.00 on Friday. Recordati Industria Chimica E Farmaceutica has a 12 month low of $55.88 and a 12 month high of $60.00. The company has a quick ratio of 0.86, a current ratio of 1.26 and a debt-to-equity ratio of 0.85. The business’s 50 day moving average is $58.29 and its two-hundred day moving average is $59.88. The company has a market cap of $11.97 billion, a PE ratio of 21.94 and a beta of 0.25.
Recordati Industria Chimica E Farmaceutica (OTCMKTS:RCDTF – Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported $1.08 EPS for the quarter. Recordati Industria Chimica E Farmaceutica had a net margin of 17.81% and a return on equity of 34.38%. The company had revenue of $834.86 million for the quarter.
About Recordati Industria Chimica E Farmaceutica
Recordati Industria Chimica e Farmaceutica is an Italy?based international pharmaceutical company engaged in the research, development, manufacturing and commercialization of therapeutic products. Established in 1926, the company has built a diversified portfolio that includes proprietary drugs, generics and orphan medicines, with a particular emphasis on treatments for rare diseases. Recordati’s product range spans cardiovascular, urology, endocrinology, dermatology and oncology therapies, as well as specialized formulations for genetic and metabolic disorders.
The company’s historical roots date back nearly a century, when it began as a family?owned enterprise in Milan.
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