Amada (OTCMKTS:AMDLY) Sets New 12-Month High - What's Next?

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) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $49.32 and last traded at $47.00, with a volume of 200 shares changing hands. The stock had previously closed at $42.92.

Amada Trading Down 2.1%

The firm has a 50-day moving average price of $42.84 and a 200-day moving average price of $40.06. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of 17.69 and a beta of 0.24.

Amada (OTCMKTS:AMDLY - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $0.97 earnings per share (EPS) for the quarter. Amada had a return on equity of 6.11% and a net margin of 8.17%.

About Amada

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.