Disco (OTCMKTS:DSCSY) Reaches New 12-Month Low – Here’s What Happened

Disco Co. (OTCMKTS:DSCSY) shares hit a new 52-week low during trading on Thursday . The company traded as low as $19.08 and last traded at $19.16, with a volume of 339509 shares traded. The stock had previously closed at $20.41.

Wall Street Analysts Forecast Growth

Separately, Nomura Securities upgraded Disco to a “hold” rating in a research note on Friday, February 21st.

Disco Price Performance

The business has a 50 day moving average price of $26.21 and a 200 day moving average price of $26.84. The stock has a market capitalization of $20.72 billion, a PE ratio of 26.19 and a beta of 1.03.

Disco (OTCMKTS:DSCSY) last released its quarterly earnings data on Thursday, January 23rd. The company reported $0.19 earnings per share (EPS) for the quarter. Disco had a return on equity of 28.36% and a net margin of 32.04%. On average, equities analysts expect that Disco Co. will post 0.7 earnings per share for the current year.

Disco Company Profile

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. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.