Shares of Topcon Co. (OTCMKTS:TOPCF) hit a new 52-week high during trading on Tuesday . The stock traded as high as $19.12 and last traded at $18.89, with a volume of 1277 shares changing hands. The stock had previously closed at $18.38.
Separately, Zacks Investment Research cut shares of Topcon from a “buy” rating to a “hold” rating in a research report on Tuesday.
The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.42 and a current ratio of 2.08. The company has a market cap of $1.92 billion, a PE ratio of 30.93 and a beta of 1.38. The company’s 50-day simple moving average is $15.89 and its 200 day simple moving average is $14.90.
Topcon Corp. engages in the manufacture and sale of optical and digital technological products. It operates through the following business segments: Smart Infrastructure, Positioning Company, Eye Care, and Others. The Smart Infrastructure segment provides positioning and surveying instruments including Total station, Layout navigator, Mobile mapping, 3D Laser scanner, Field controller, Level, Theodolite, Rotating laser, and Pipe laser.
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