Disco Corp (OTCMKTS:DSCSY – Get Free Report) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 19,942 shares, a decline of 86.6% from the April 15th total of 149,045 shares. Based on an average daily volume of 202,001 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.
Disco Stock Performance
Shares of Disco stock traded down $1.70 during trading hours on Tuesday, hitting $45.40. The company’s stock had a trading volume of 11,768 shares, compared to its average volume of 296,395. The stock has a market cap of $49.25 billion, a price-to-earnings ratio of 55.37 and a beta of 1.63. Disco has a twelve month low of $22.00 and a twelve month high of $52.99. The firm has a fifty day moving average of $44.40 and a 200-day moving average of $38.94.
Disco (OTCMKTS:DSCSY – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $0.25 earnings per share (EPS) for the quarter. The firm had revenue of $848.13 million for the quarter, compared to analyst estimates of $771.53 million. Disco had a net margin of 30.95% and a return on equity of 26.03%. On average, sell-side analysts expect that Disco will post 1.07 earnings per share for the current fiscal year.
Analyst Ratings Changes
Check Out Our Latest Analysis on DSCSY
Disco Company Profile
Disco (OTCMKTS: DSCSY) is a manufacturer of precision processing equipment and consumables for the semiconductor and electronics industries. The company’s product portfolio includes wafer dicing saws, wafer thinning and grinding systems, laser dicing equipment, polishing systems, and diamond blades and wheels, along with associated tooling and process consumables designed for high-precision cutting and surface finishing.
Disco’s products are used in critical back-end semiconductor manufacturing steps such as dicing, singulation, thinning, surface preparation and polishing across applications including IC packaging, power devices, LEDs, MEMS and sensors.
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