Coloplast A/S (OTCMKTS:CLPBF) Shares Up 1.9% – Should You Buy?

Shares of Coloplast A/S (OTCMKTS:CLPBF) traded up 1.9% on Thursday . The company traded as high as $85.00 and last traded at $85.00. 60 shares were traded during trading, a decline of 96% from the average session volume of 1,666 shares. The stock had previously closed at $83.42.

Coloplast A/S Price Performance

The business has a fifty day simple moving average of $86.54 and a 200-day simple moving average of $90.50.

About Coloplast A/S

Coloplast A/S is a Denmark‐based medical device company specializing in the development and manufacturing of products and services for people with intimate healthcare needs. Founded in 1957 by Aage Louis‐Hansen and Poul Mollgaard Jensen, the company set out to improve quality of life for patients requiring ostomy care, and has since expanded into multiple clinical areas. Coloplast is headquartered in Humlebæk, Denmark, and combines in‐house research and development with strategic partnerships to drive innovation in its core markets.

The company’s product portfolio is organized around four primary areas: ostomy care, continence care, wound and skin care, and interventional urology.