Disco Co. (OTCMKTS:DSCSY) Short Interest Update

Disco Co. (OTCMKTS:DSCSY) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 1,700 shares, a drop of 97.9% from the November 30th total of 81,800 shares. Based on an average trading volume of 144,900 shares, the short-interest ratio is currently 0.0 days.

Disco Price Performance

DSCSY traded up $0.28 during trading on Thursday, hitting $27.21. 56,877 shares of the stock traded hands, compared to its average volume of 133,228. Disco has a twelve month low of $22.50 and a twelve month high of $42.93. The company has a market cap of $29.49 billion, a price-to-earnings ratio of 42.51 and a beta of 1.07. The business has a 50 day moving average price of $27.34 and a 200 day moving average price of $29.88.

Disco (OTCMKTS:DSCSY) last announced its quarterly earnings results on Thursday, October 17th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $646.84 million for the quarter. Disco had a net margin of 29.12% and a return on equity of 27.79%. On average, equities research analysts predict that Disco will post 0.74 earnings per share for the current year.

Disco Company Profile

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.