TOPCON (OTCMKTS:TOPCF) Shares Gap Down - Should You Sell?

TOPCON (OTCMKTS:TOPCF - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $22.38, but opened at $19.72. TOPCON shares last traded at $19.72, with a volume of 250 shares traded.

TOPCON Stock Performance

The firm has a market capitalization of $2.14 billion, a P/E ratio of 986.49 and a beta of 0.46. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 1.39. The firm has a 50 day moving average price of $22.22 and a two-hundred day moving average price of $20.86.

TOPCON (OTCMKTS:TOPCF - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.16. The business had revenue of $416.33 million during the quarter, compared to analyst estimates of $387.84 million. TOPCON had a return on equity of 3.04% and a net margin of 0.24%.

About TOPCON

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products in Japan and internationally. The company provides total station products, including automatic tracking, motor drive, manual, industrial measurement, and imaging stations, as well as layout navigator, millimeter GPS, 3D mobile measurement system and laser scanner, data collector, theodolite, electronic level, and rotating and pipe laser products.