DISCO CORP/ADR (OTCMKTS:DSCSY)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $39.55 and last traded at $39.55, with a volume of 236 shares. The stock had previously closed at $37.38.
Several research analysts recently issued reports on DSCSY shares. Zacks Investment Research lowered shares of DISCO CORP/ADR from a “hold” rating to a “sell” rating in a research report on Monday, August 26th. Mizuho raised shares of DISCO CORP/ADR from an “underperform” rating to a “neutral” rating in a report on Tuesday, September 3rd. Finally, Goldman Sachs Group raised shares of DISCO CORP/ADR from a “neutral” rating to a “buy” rating in a report on Monday, June 10th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $42.00.
The company has a market cap of $7.10 billion, a price-to-earnings ratio of 26.54, a price-to-earnings-growth ratio of 1.49 and a beta of 2.20. The company’s fifty day moving average price is $36.55 and its two-hundred day moving average price is $32.24.
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, as well as products for dicing before grinding process and package singulation.
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