Amada (OTCMKTS:AMDLY) Reaches New 12-Month Low – Here’s Why

Amada Co., Ltd. (OTCMKTS:AMDLYGet Free Report)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as $36.63 and last traded at $37.99, with a volume of 400 shares trading hands. The stock had previously closed at $42.96.

Amada Price Performance

The firm has a market capitalization of $3.24 billion, a P/E ratio of 14.27 and a beta of 0.29. The stock has a fifty day simple moving average of $41.63 and a two-hundred day simple moving average of $43.13.

About Amada

(Get Free Report)

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery, software, and peripheral equipment in Japan, North America, Europe, Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, bending robots, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS SPACE series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and a range of tools for bending and punching.

Further Reading

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