HORIBA (OTCMKTS:HRIBF) Trading Up 24.4% – What’s Next?

HORIBA, Ltd. (OTCMKTS:HRIBFGet Free Report) shares were up 24.4% on Friday . The stock traded as high as $61.03 and last traded at $61.03. Approximately 242 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 793 shares. The stock had previously closed at $49.06.

HORIBA Stock Up 24.4 %

The stock has a fifty day moving average of $56.00 and a two-hundred day moving average of $61.51. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 10.92 and a beta of 0.13. The company has a quick ratio of 2.19, a current ratio of 3.29 and a debt-to-equity ratio of 0.18.

About HORIBA

(Get Free Report)

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.

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