Amada (OTCMKTS:AMDLY) Reaches New 52-Week High - Should You Buy?

Key Points

• Amada Co. shares reached a new 52-week high of $49.32 before trading at $47.00, reflecting an increase of 11.9% from the previous close of $42.92.
• The company reported $0.97 EPS for the quarter with a net margin of 8.17% and a return on equity of 6.11%.
• Amada operates in the metalworking machinery sector, offering a range of fabrication machines and software solutions globally.

Amada Co. (OTCMKTS:AMDLY - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The company traded as high as $49.32 and last traded at $47.00, with a volume of 200 shares trading hands. The stock had previously closed at $42.92.

Amada Stock Performance

The firm has a market capitalization of $3.77 billion, a P/E ratio of 19.74 and a beta of 0.24. The business's 50 day simple moving average is $42.93 and its two-hundred day simple moving average is $40.13.

Amada (OTCMKTS:AMDLY - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by ($0.26). The firm had revenue of $524.26 million for the quarter, compared to the consensus estimate of $585.20 million. Amada had a net margin of 7.29% and a return on equity of 5.45%.

Amada Company Profile

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery, software, and peripheral equipment in Japan, North America, Europe, Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, bending robots, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS SPACE series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and a range of tools for bending and punching.