TOPCON (OTCMKTS:TOPCF) Shares Gap Up - What's Next?

Key Points

• TOPCON shares gapped up from $20.01 to $22.00 at market open, indicating an increase of 9.9% on the day.
• The company has a market capitalization of $2.38 billion and a P/E ratio of -439.91, reflecting a challenging financial outlook.
• TOPCON specializes in developing and selling positioning, eye care, and smart infrastructure products both in Japan and internationally.

TOPCON (OTCMKTS:TOPCF - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $20.01, but opened at $22.00. TOPCON shares last traded at $22.00, with a volume of 100 shares trading hands.

TOPCON Stock Performance

The company has a market cap of $2.38 billion, a price-to-earnings ratio of -439.91 and a beta of 0.45. The stock's fifty day simple moving average is $21.10 and its two-hundred day simple moving average is $21.30. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.68 and a current ratio of 1.15.

TOPCON Company Profile

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.