HORIBA, Ltd. (OTCMKTS:HRIBF) Short Interest Up 39.7% in August

HORIBA, Ltd. (OTCMKTS:HRIBFGet Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 100,300 shares, a growth of 39.7% from the August 15th total of 71,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,003.0 days.

HORIBA Stock Performance

Shares of OTCMKTS HRIBF remained flat at $62.84 during midday trading on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.14 and a current ratio of 3.29. The business’s 50-day moving average price is $72.33 and its 200-day moving average price is $84.37. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of 11.22 and a beta of 0.22. HORIBA has a one year low of $51.03 and a one year high of $100.67.

HORIBA (OTCMKTS:HRIBFGet Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.93 earnings per share for the quarter. HORIBA had a return on equity of 12.45% and a net margin of 11.49%. The company had revenue of $464.86 million for the quarter. On average, equities research analysts predict that HORIBA will post 5.26 EPS for the current fiscal year.

HORIBA Company Profile

(Get Free Report)

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.

Recommended Stories

Receive News & Ratings for HORIBA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HORIBA and related companies with MarketBeat.com's FREE daily email newsletter.