Disco Co. (OTCMKTS:DSCSY) Short Interest Update

Disco Co. (OTCMKTS:DSCSY) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 8,900 shares, a decrease of 81.4% from the January 31st total of 47,800 shares. Based on an average trading volume of 970,600 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Nomura Securities upgraded shares of Disco to a “hold” rating in a report on Friday, February 21st.

Disco Stock Performance

Disco stock traded down $1.80 during midday trading on Friday, hitting $25.26. 92,790 shares of the company’s stock were exchanged, compared to its average volume of 283,189. Disco has a 12 month low of $23.09 and a 12 month high of $42.93. The firm has a 50-day moving average of $28.96 and a two-hundred day moving average of $27.71. The company has a market cap of $27.38 billion, a PE ratio of 34.60 and a beta of 1.07.

Disco (OTCMKTS:DSCSY) last released its quarterly earnings results on Thursday, January 23rd. The company reported $0.19 EPS for the quarter. Disco had a net margin of 32.04% and a return on equity of 28.36%. As a group, equities analysts expect that Disco will post 0.7 earnings per share for the current year.

About Disco

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.