Horiba Ltd. (OTCMKTS:HRIBF) Short Interest Update

Key Points

• Horiba Ltd. experienced a dramatic increase in short interest, rising 347.0% in August, from 15,100 shares to 67,500 shares as of August 15th.
• The company's stock price rose by 1.2%, reaching $74.00, with a trading volume of 250 shares compared to its average volume of 51 shares.
• In its latest quarterly earnings report, Horiba posted an EPS of $1.27, surpassing analysts' expectations, and reported revenue of $534.76 million.

Horiba Ltd. (OTCMKTS:HRIBF - Get Free Report) was the recipient of a large growth in short interest in August. As of August 15th, there was short interest totaling 67,500 shares, agrowthof347.0% from the July 31st total of 15,100 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Horiba Price Performance

Horiba stock remained flat at $74.00 during mid-day trading on Monday. The firm has a fifty day moving average of $65.01 and a two-hundred day moving average of $62.42. The company has a quick ratio of 2.37, a current ratio of 3.38 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $3.10 billion, a PE ratio of 12.89 and a beta of 0.22. Horiba has a twelve month low of $73.11 and a twelve month high of $76.87.

Horiba (OTCMKTS:HRIBF - Get Free Report) last announced its earnings results on Tuesday, August 12th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.22. The firm had revenue of $534.76 million for the quarter, compared to the consensus estimate of $533.30 million. Horiba had a return on equity of 12.26% and a net margin of 11.19%.

Horiba Company Profile

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.