Disco (OTCMKTS:DSCSY) Shares to Split on Tuesday, April 4th

Disco Co. (OTCMKTS:DSCSY – Get Rating) shares are going to split before the market opens on Tuesday, April 4th. The 6-1 split was announced on Tuesday, April 4th. The newly issued shares will be distributed to shareholders after the market closes on Tuesday, April 4th.

Disco Price Performance

DSCSY opened at $65.57 on Friday. The business has a 50 day simple moving average of $61.56 and a 200-day simple moving average of $55.18. The stock has a market capitalization of $11.84 billion, a P/E ratio of 19.75 and a beta of 1.14. Disco has a 12 month low of $41.00 and a 12 month high of $66.10.

Disco (OTCMKTS:DSCSY – Get Rating) last released its quarterly earnings data on Tuesday, January 24th. The company reported $0.65 earnings per share for the quarter. Disco had a return on equity of 24.50% and a net margin of 27.97%. The firm had revenue of $466.80 million during the quarter, compared to the consensus estimate of $544.18 million. Research analysts anticipate that Disco will post 3.15 EPS for the current year.

Disco Company Profile

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DISCO Corp. engages in the manufacturing and sale of precision cutting, grinding and polishing machines. It operates through the following business divisions: Precision Machines, Precision Processing Tools, and Other Products. The Precision Machines division includes dicing saws, laser saws, grinders, polishers, wafer mounter, die separator, surface planer, and water jet saws.