Disco Co. (OTCMKTS:DSCSY - Get Free Report) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 13,900 shares, an increase of 717.6% from the December 31st total of 1,700 shares. Based on an average daily volume of 176,400 shares, the days-to-cover ratio is currently 0.1 days.
Disco Stock Down 4.7 %
Shares of DSCSY traded down $1.42 during mid-day trading on Friday, hitting $28.82. 56,214 shares of the company's stock were exchanged, compared to its average volume of 222,223. The firm has a fifty day moving average of $28.19 and a two-hundred day moving average of $27.95. Disco has a twelve month low of $23.09 and a twelve month high of $42.93. The stock has a market cap of $31.24 billion, a price-to-earnings ratio of 39.48 and a beta of 1.07.
Disco (OTCMKTS:DSCSY - Get Free Report) last announced its earnings results 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, equities analysts predict 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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