Topcon (OTCMKTS:TOPCF) Trading Down 8.3% – Here’s Why

Topcon Co. (OTCMKTS:TOPCF)’s stock price traded down 8.3% on Thursday . The company traded as low as $17.85 and last traded at $17.85. 100 shares changed hands during trading, an increase of 0% from the average session volume of 100 shares. The stock had previously closed at $19.46.

Topcon Stock Down 4.3 %

The company has a quick ratio of 0.88, a current ratio of 1.59 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $1.85 billion, a PE ratio of 63.27 and a beta of 0.93. The company’s 50 day moving average is $16.74 and its two-hundred day moving average is $12.69.

Topcon (OTCMKTS:TOPCF) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.08 earnings per share for the quarter. The firm had revenue of $363.55 million during the quarter. Topcon had a return on equity of 7.51% and a net margin of 2.06%.

About Topcon

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products in Japan and internationally. The company provides total station products, including automatic tracking, motor drive, manual, industrial measurement, and imaging stations, as well as layout navigator, millimeter GPS, 3D mobile measurement system and laser scanner, data collector, theodolite, electronic level, and rotating and pipe laser products.