Disco (OTCMKTS:DSCSY) Reaches New 52-Week High at $19.99

Disco Co. (OTCMKTS:DSCSY) hit a new 52-week high during trading on Friday . The stock traded as high as $19.99 and last traded at $19.27, with a volume of 26000 shares. The stock had previously closed at $19.72.

Wall Street Analyst Weigh In

Separately, Mizuho raised shares of Disco from a “neutral” rating to a “buy” rating in a report on Tuesday, May 23rd.

Disco Trading Down 2.3 %

The company has a market capitalization of $20.88 billion, a price-to-earnings ratio of 35.24 and a beta of 1.15. The company has a fifty day moving average of $17.48 and a 200-day moving average of $14.04.

Disco (OTCMKTS:DSCSY) last released its quarterly earnings data on Thursday, July 20th. The company reported $0.09 EPS for the quarter. The company had revenue of $393.16 million during the quarter. Disco had a net margin of 27.97% and a return on equity of 24.50%. As a group, equities research analysts expect that Disco Co. will post 0.47 EPS for the current year.

About Disco

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.