HORIBA (OTCMKTS:HRIBF) Trading Up 24.4% - Should You Buy?

HORIBA, Ltd. (OTCMKTS:HRIBF - Get Free Report) was up 24.4% during mid-day trading on Friday . The stock traded as high as $61.03 and last traded at $61.03. Approximately 242 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 793 shares. The stock had previously closed at $49.06.

HORIBA Price Performance

The company has a quick ratio of 2.19, a current ratio of 3.29 and a debt-to-equity ratio of 0.18. The firm's fifty day moving average price is $56.24 and its two-hundred day moving average price is $61.04. The stock has a market capitalization of $2.56 billion, a PE ratio of 10.92 and a beta of 0.13.

HORIBA Company Profile

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.