Disco Co. (OTCMKTS:DSCSY - Get Free Report) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 47,800 shares, a decrease of 24.7% from the January 15th total of 63,500 shares. Based on an average trading volume of 546,600 shares, the days-to-cover ratio is presently 0.1 days.
Disco Price Performance
Shares of OTCMKTS DSCSY traded up $0.21 during trading on Monday, hitting $30.10. 1,162,882 shares of the company were exchanged, compared to its average volume of 219,160. Disco has a 1 year low of $23.09 and a 1 year high of $42.93. The company has a market cap of $32.62 billion, a price-to-earnings ratio of 41.23 and a beta of 1.07. The firm's fifty day moving average price is $28.60 and its 200 day moving average price is $27.67.
Disco (OTCMKTS:DSCSY - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The company reported $0.19 EPS for the quarter. Disco had a net margin of 32.04% and a return on equity of 28.92%. On average, research analysts forecast that Disco will post 0.72 earnings per share for the current year.
About Disco
(
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Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.
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