Disco Corp (OTCMKTS:DSCSY - Get Free Report)'s stock price was up 6.8% during mid-day trading on Friday . The stock traded as high as $29.34 and last traded at $29.34. Approximately 7,042 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 208,200 shares. The stock had previously closed at $27.47.
Disco Price Performance
The business's 50 day simple moving average is $22.83 and its 200 day simple moving average is $24.68. The stock has a market cap of $32.01 billion, a P/E ratio of 39.89 and a beta of 1.28.
Disco (OTCMKTS:DSCSY - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.03. The company had revenue of $791.78 million for the quarter, compared to analysts' expectations of $725.68 million. Disco had a net margin of 31.51% and a return on equity of 27.83%. Research analysts predict that Disco Corp will post 0.7 earnings per share for the current year.
About Disco
(
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Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.
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