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Topcon (OTCMKTS:TOPCF) Trading Down 3.5% - Here's Why

Topcon logo with Business Services background

Topcon Co. (OTCMKTS:TOPCF - Get Free Report) traded down 3.5% on Wednesday . The stock traded as low as $9.34 and last traded at $9.99. 1,750 shares changed hands during trading, an increase of 22% from the average session volume of 1,434 shares. The stock had previously closed at $10.35.

Topcon Trading Down 3.5 %

The company has a quick ratio of 0.88, a current ratio of 1.59 and a debt-to-equity ratio of 0.34. The company has a fifty day moving average of $10.72 and a two-hundred day moving average of $10.93. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 38.42 and a beta of 1.12.

Topcon (OTCMKTS:TOPCF - Get Free Report) last issued its quarterly earnings results on Tuesday, July 30th. The company reported ($0.06) earnings per share for the quarter. The company had revenue of $329.75 million for the quarter. Topcon had a return on equity of 6.80% and a net margin of 1.96%.

Topcon Company Profile

(Get Free Report)

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products in Japan and internationally. The company provides total station products, including automatic tracking, motor drive, manual, industrial measurement, and imaging stations, as well as layout navigator, millimeter GPS, 3D mobile measurement system and laser scanner, data collector, theodolite, electronic level, and rotating and pipe laser products.

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