TOPCON (OTCMKTS:TOPCF) Stock Price Down 14.3% - Time to Sell?

TOPCON (OTCMKTS:TOPCF - Get Free Report) fell 14.3% on Tuesday . The stock traded as low as $19.72 and last traded at $19.72. 250 shares were traded during mid-day trading, an increase of 11,528% from the average session volume of 2 shares. The stock had previously closed at $23.00.

TOPCON Price Performance

The company has a market cap of $2.14 billion, a P/E ratio of 986.49 and a beta of 0.46. The company has a fifty day moving average price of $22.28 and a two-hundred day moving average price of $20.85. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 1.39.

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

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.