Topcon (OTCMKTS:TOPCF) Hits New 52-Week High – Still a Buy?

Topcon Co. (OTCMKTS:TOPCF) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $17.82 and last traded at $17.82, with a volume of 210 shares trading hands. The stock had previously closed at $17.82.

Topcon Price Performance

The stock has a market capitalization of $1.87 billion, a P/E ratio of 66.00 and a beta of 1.11. The company has a current ratio of 1.59, a quick ratio of 0.88 and a debt-to-equity ratio of 0.34. The stock’s 50 day simple moving average is $11.43 and its 200 day simple moving average is $10.94.

Topcon (OTCMKTS:TOPCF) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $363.55 million for the quarter. Topcon had a return on equity of 7.51% and a net margin of 2.06%.

About Topcon

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.