Shares of Disco Co. (OTCMKTS:DSCSY - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $22.81 and last traded at $23.16, with a volume of 126462 shares. The stock had previously closed at $24.29.
Wall Street Analyst Weigh In
Separately, Nomura Securities raised Disco to a "hold" rating in a report on Friday, February 21st.
Read Our Latest Stock Analysis on Disco
Disco Stock Performance
The business has a 50-day simple moving average of $28.57 and a two-hundred day simple moving average of $27.41. The company has a market capitalization of $24.05 billion, a price-to-earnings ratio of 30.40 and a beta of 1.03.
Disco (OTCMKTS:DSCSY - Get Free Report) last announced 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 28.36%. Research analysts predict that Disco Co. will post 0.7 EPS for the current fiscal 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.
See Also
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