Short Interest in HORIBA, Ltd. (OTCMKTS:HRIBF) Expands By 39.7%

HORIBA, Ltd. (OTCMKTS:HRIBF) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 100,300 shares, an increase of 39.7% from the August 15th total of 71,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,003.0 days.

HORIBA Stock Performance

HORIBA stock remained flat at $62.84 during mid-day trading on Monday. The company has a current ratio of 3.29, a quick ratio of 2.14 and a debt-to-equity ratio of 0.18. The company has a fifty day simple moving average of $72.33 and a two-hundred day simple moving average of $84.37. HORIBA has a twelve month low of $51.03 and a twelve month high of $100.67. The firm has a market capitalization of $2.65 billion, a P/E ratio of 11.22 and a beta of 0.22.

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

HORIBA Company Profile

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.