China Cord Blood Corp (CO) Releases Quarterly Earnings, Beats Estimates By $0.01 EPS
China Cord Blood Corp (NYSE:CO) released its earnings data on Thursday. The company reported $0.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.01, AnalystRatings.NET reports. The company had revenue of $24.70 million for the quarter, compared to the consensus estimate of $24.80 million.
Shares of China Cord Blood Corp (NYSE:CO) traded down 1.13% on Thursday, hitting $5.23. The stock had a trading volume of 158,047 shares. China Cord Blood Corp has a 52-week low of $3.30 and a 52-week high of $5.70. The stock’s 50-day moving average is $4.64 and its 200-day moving average is $4.47. The company has a market cap of $381.8 million and a P/E ratio of 20.35.
A number of analysts have recently weighed in on CO shares. Analysts at Roth Capital raised their price target on shares of China Cord Blood Corp to $6.00 in a research note on Friday, June 20th. Analysts at Jefferies Group raised their price target on shares of China Cord Blood Corp from $5.50 to $6.00 in a research note on Friday, June 20th.
China Cord Blood Corporation (NYSE:CO) is a provider of cord blood storage services in China.
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