TOPCON (OTCMKTS:TOPCF) Trading 9.9% Higher - Time to Buy?

Key Points

• TOPCON's stock experienced a significant increase of 9.9%, reaching a trading price of $22.00, despite a decline in trading volume.
• The company holds a market capitalization of $2.38 billion and has a low debt-to-equity ratio of 0.25, indicating a solid financial position.
• Topcon Corporation specializes in a range of products, including positioning, eye care, and smart infrastructure technologies, catering to both domestic and international markets.

TOPCON (OTCMKTS:TOPCF - )'s stock price traded up 9.9% during trading on Tuesday . The stock traded as high as $22.00 and last traded at $22.00. 200 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 477 shares. The stock had previously closed at $20.01.

TOPCON Stock Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.15 and a quick ratio of 0.68. The company has a market capitalization of $2.38 billion, a PE ratio of -439.91 and a beta of 0.45. The firm's fifty day simple moving average is $21.03 and its 200 day simple moving average is $21.71.

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.

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