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TOPCON (OTCMKTS:TOPCF) Trading Down 14.3% - What's Next?

TOPCON logo with Business Services background

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

TOPCON Stock Performance

The stock has a market cap of $2.14 billion, a PE 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 company's 50-day moving average price is $22.17 and its 200 day moving average price is $20.86.

TOPCON (OTCMKTS:TOPCF - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.16. The company had revenue of $416.33 million for 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%.

TOPCON Company Profile

(Get Free Report)

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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