Topcon (OTCMKTS:TOPCF) Shares Down 8.3% – What’s Next?

Topcon Co. (OTCMKTS:TOPCF) shares dropped 8.3% during trading on Thursday . The stock traded as low as $17.85 and last traded at $17.85. Approximately 100 shares traded hands during mid-day trading, an increase of 0% from the average daily volume of 100 shares. The stock had previously closed at $19.46.

Topcon Stock Down 8.3 %

The stock has a market cap of $1.88 billion, a P/E ratio of 66.11 and a beta of 0.93. The firm has a 50 day simple moving average of $16.44 and a two-hundred day simple moving average of $12.62. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.88 and a current ratio of 1.59.

Topcon (OTCMKTS:TOPCF) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.08 earnings per share for the quarter. The business had revenue of $363.55 million during the quarter. Topcon had a net margin of 2.06% and a return on equity of 7.51%.

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.