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Double Medical Technology Inc is currently in a long term downtrend where the price is trading 5.4% below its 200 day moving average.
From a valuation standpoint, the stock is 45.4% more expensive than other stocks from the Healthcare sector with a price to sales ratio of 14.0.
Double Medical Technology Inc's total revenue rose by 33.8% to $437M since the same quarter in the previous year.
Its net income has increased by 20.9% to $163M since the same quarter in the previous year.
Finally, its free cash flow grew by 32.0% to $83M since the same quarter in the previous year.
Based on the above factors, Double Medical Technology Inc gets an overall score of 3/5.
Sector | Healthcare |
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Industry | Medical Devices |
Exchange | SHE |
CurrencyCode | CNY |
ISIN | CNE1000032W7 |
Market Cap | 15B |
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PE Ratio | 37.78 |
Target Price | 43.82 |
Dividend Yield | 1.4% |
Beta | -0.01 |
Double Medical Technology Inc. provides services, technologies, and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery in China. It also exports its products to approximately 50 countries and regions, including European Union, Russia, South America, Australia, Southeast Asia, the Middle East, and South Africa. The company was formerly known as Xiamen Da Bo Ying Jing Medical Equipment Company Limited. Double Medical Technology Inc. was founded in 2004 and is based in Xiamen, China.
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