Topcon Co. (OTCMKTS:TOPCF) Short Interest Update

Topcon Co. (OTCMKTS:TOPCF) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 232,200 shares, a drop of 43.8% from the March 31st total of 413,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 2,322.0 days.

Topcon Price Performance

Shares of TOPCF remained flat at $11.49 during mid-day trading on Friday. The firm’s 50-day moving average price is $11.56 and its 200-day moving average price is $10.93. Topcon has a one year low of $8.52 and a one year high of $15.13. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.07 and a current ratio of 1.96.

Topcon (OTCMKTS:TOPCF) last issued its quarterly earnings results on Monday, January 29th. The company reported $0.10 EPS for the quarter. Topcon had a return on equity of 8.84% and a net margin of 2.09%. The firm had revenue of $354.60 million during the quarter. Equities analysts expect that Topcon will post 0.22 earnings per share for the current year.

Topcon Company Profile

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.