Disco (OTCMKTS:DSCSY) Reaches New 52-Week Low – Here’s What Happened

Disco Co. (OTCMKTS:DSCSY)’s stock price reached a new 52-week low on Friday . The company traded as low as $21.08 and last traded at $21.08, with a volume of 78585 shares traded. The stock had previously closed at $21.96.

Analyst Upgrades and Downgrades

Separately, Nomura Securities raised Disco to a “hold” rating in a research note on Friday, February 21st.

Disco Trading Down 4.0 %

The company has a market cap of $22.85 billion, a P/E ratio of 28.88 and a beta of 1.03. The company’s fifty day moving average is $27.01 and its 200 day moving average is $26.93.

Disco (OTCMKTS:DSCSY) last announced its quarterly earnings data on Thursday, January 23rd. The company reported $0.19 earnings per share (EPS) for the quarter. Disco had a return on equity of 28.36% and a net margin of 32.04%. Analysts anticipate that Disco Co. will post 0.7 EPS for the current year.

Disco Company Profile

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.