Disco Corp (OTCMKTS:DSCSY - Get Free Report) traded up 6.8% during trading on Friday . The company traded as high as $29.34 and last traded at $29.34. 7,042 shares were traded during trading, a decline of 97% from the average session volume of 208,200 shares. The stock had previously closed at $27.47.
Disco Trading Up 8.0%
The stock has a market capitalization of $32.17 billion, a price-to-earnings ratio of 40.09 and a beta of 1.28. The stock has a fifty day moving average of $22.60 and a two-hundred day moving average of $24.68.
Disco (OTCMKTS:DSCSY - Get Free Report) last released its quarterly earnings results on Thursday, April 17th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.03. Disco had a return on equity of 27.83% and a net margin of 31.51%. The business had revenue of $791.78 million during the quarter, compared to analysts' expectations of $725.68 million. Equities analysts expect that Disco Corp will post 0.7 earnings per share for the current year.
Disco Company Profile
(
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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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