Topcon (OTCMKTS:TOPCF) Sets New 12-Month High – Should You Buy?

Shares of Topcon Co. (OTCMKTS:TOPCF) hit a new 52-week high during trading on Wednesday . The stock traded as high as $23.00 and last traded at $23.00, with a volume of 600 shares changing hands. The stock had previously closed at $21.81.

Topcon Price Performance

The company has a current ratio of 1.54, a quick ratio of 0.89 and a debt-to-equity ratio of 0.35. The business’s 50-day simple moving average is $19.36 and its two-hundred day simple moving average is $15.94. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 209.11 and a beta of 0.52.

Topcon (OTCMKTS:TOPCF) last posted its quarterly earnings data on Thursday, January 30th. The company reported ($0.18) earnings per share for the quarter. Topcon had a return on equity of 3.16% and a net margin of 0.88%.

Topcon Company Profile

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.