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Topcon (OTCMKTS:TOPCF) Sets New 52-Week High - Still a Buy?

Topcon logo with Business Services background

Topcon Co. (OTCMKTS:TOPCF - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $17.82 and last traded at $17.82, with a volume of 210 shares. The stock had previously closed at $17.82.

Topcon Price Performance

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 market capitalization of $1.87 billion, a price-to-earnings ratio of 66.00 and a beta of 1.11. The business's 50-day moving average is $11.43 and its 200-day moving average is $10.94.

Topcon (OTCMKTS:TOPCF - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.08 earnings per share for the quarter. The business had revenue of $363.55 million for the quarter. Topcon had a return on equity of 7.51% and a net margin of 2.06%.

About Topcon

(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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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