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Amada (OTCMKTS:AMDLY) Sees Strong Trading Volume - Here's What Happened

Amada logo with Industrials background

Amada Co. (OTCMKTS:AMDLY - Get Free Report) shares saw strong trading volume on Friday . 200 shares traded hands during mid-day trading, an increase of 28% from the previous session's volume of 156 shares.The stock last traded at $42.92 and had previously closed at $41.99.

Amada Stock Up 2.2%

The company's fifty day moving average is $40.20 and its two-hundred day moving average is $38.80. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 16.51 and a beta of 0.15.

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

About Amada

(Get Free Report)

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.

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