Short Interest in Amada Co., Ltd. (OTCMKTS:AMDLY) Drops By 66.7%

Amada Co., Ltd. (OTCMKTS:AMDLY - Get Free Report) saw a large decrease in short interest in April. As of April 15th, there was short interest totalling 100 shares, a decrease of 66.7% from the March 31st total of 300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 1.0 days.

Amada Price Performance

Shares of AMDLY stock remained flat at $44.54 on Thursday. The company had a trading volume of 87 shares, compared to its average volume of 24. The company has a market cap of $3.80 billion, a P/E ratio of 14.05 and a beta of 0.31. Amada has a twelve month low of $39.77 and a twelve month high of $48.97. The stock's fifty day moving average is $44.68 and its two-hundred day moving average is $41.86.

Amada (OTCMKTS:AMDLY - Get Free Report) last posted its quarterly earnings results on Thursday, February 8th. The company reported $0.66 earnings per share (EPS) for the quarter. The business had revenue of $664.78 million for the quarter. Amada had a return on equity of 7.36% and a net margin of 9.74%.

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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