Amada (OTCMKTS:AMDLY) Trading 7.2% Higher

Shares of Amada Co., Ltd. (OTCMKTS:AMDLY) were up 7.2% on Wednesday . The company traded as high as $46.98 and last traded at $46.98. Approximately 100 shares were traded during trading, an increase of 83% from the average daily volume of 55 shares. The stock had previously closed at $43.82.

Amada Stock Up 7.2 %

The company has a market cap of $4.01 billion, a PE ratio of 14.24 and a beta of 0.32. The firm has a 50 day simple moving average of $44.54 and a 200-day simple moving average of $43.38.

Amada (OTCMKTS:AMDLY) last issued its quarterly earnings data on Tuesday, May 14th. The company reported $1.01 earnings per share (EPS) for the quarter. Amada had a net margin of 10.08% and a return on equity of 7.66%. The firm had revenue of $796.52 million for the quarter.

About Amada

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.