Amada (OTCMKTS:AMDLY) Stock Price Up 2.1% - Still a Buy?

Key Points

• Amada Co. (OTCMKTS:AMDLY) stock rose 2.1% to $48.00, with trading volume significantly increased to approximately 100 shares compared to the average of 3 shares.
• The company's recent quarterly earnings report showed an EPS of $0.23, missing the consensus estimate by $0.26 and generating revenue of $524.26 million against expectations of $585.20 million.
• Amada has a market capitalization of $3.94 billion and maintains a price-to-earnings ratio of 20.60 along with a beta value of 0.13.

Amada Co. (OTCMKTS:AMDLY - Get Free Report) rose 2.1% during mid-day trading on Monday . The stock traded as high as $48.00 and last traded at $48.00. Approximately 100 shares traded hands during mid-day trading, an increase of 2,977% from the average daily volume of 3 shares. The stock had previously closed at $47.00.

Amada Trading Up 2.1%

The firm has a 50-day moving average of $46.08 and a 200-day moving average of $42.52. The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 20.60 and a beta of 0.13.

Amada (OTCMKTS:AMDLY - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.26). Amada had a net margin of 7.29% and a return on equity of 5.41%. The business had revenue of $524.26 million during the quarter, compared to analysts' expectations of $585.20 million.

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.

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