Topcon Co. (OTCMKTS:TOPCF) Short Interest Update

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

Topcon Price Performance

Shares of TOPCF stock remained flat at $11.49 during trading hours on Friday. The company has a 50-day simple moving average of $11.56 and a two-hundred day simple moving average of $10.93. Topcon has a twelve month low of $8.52 and a twelve month high of $15.13. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.96 and a quick ratio of 1.07.

Topcon (OTCMKTS:TOPCF) last announced its quarterly earnings data on Monday, January 29th. The company reported $0.10 earnings per share (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. On average, equities research analysts forecast 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.