Amada (OTCMKTS:AMDLY) Sets New 52-Week Low – Time to Sell?

Amada Co., Ltd. (OTCMKTS:AMDLYGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $36.63 and last traded at $37.99, with a volume of 400 shares trading hands. The stock had previously closed at $42.96.

Amada Price Performance

The business has a fifty day moving average of $41.60 and a 200-day moving average of $43.09. The stock has a market cap of $3.23 billion, a PE ratio of 12.57 and a beta of 0.29.

Amada Company Profile

(Get Free Report)

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery, software, and peripheral equipment in Japan, North America, Europe, Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, bending robots, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS SPACE series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and a range of tools for bending and punching.

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