Amada Co., Ltd. (OTCMKTS:AMDLY) Sees Large Growth in Short Interest

Amada Co., Ltd. (OTCMKTS:AMDLY) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 300 shares, a growth of 200.0% from the February 29th total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 3.0 days.

Amada Price Performance

AMDLY stock opened at $48.97 on Thursday. Amada has a twelve month low of $39.77 and a twelve month high of $48.97. The stock has a market capitalization of $4.40 billion, a price-to-earnings ratio of 15.45 and a beta of 0.28. The firm’s fifty day simple moving average is $42.75 and its two-hundred day simple moving average is $41.08.

Amada (OTCMKTS:AMDLY) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.66 EPS for the quarter. The company had revenue of $664.78 million for the quarter. Amada had a net margin of 9.74% and a return on equity of 7.36%.

About Amada

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery, software, and peripheral equipment in Japan, North America, Europe, Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, bending robots, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS SPACE series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and a range of tools for bending and punching.