Amada (OTCMKTS:AMDLY) Sets New 1-Year Low – Time to Sell?

Shares of Amada Co., Ltd. (OTCMKTS:AMDLY) hit a new 52-week low during trading on Friday . The stock traded as low as $34.74 and last traded at $34.74, with a volume of 287 shares trading hands. The stock had previously closed at $38.75.

Amada Stock Down 15.2 %

The stock has a market capitalization of $2.96 billion, a P/E ratio of 13.16 and a beta of 0.24. The business has a 50-day simple moving average of $38.61 and a two-hundred day simple moving average of $39.41.

Amada (OTCMKTS:AMDLY) last issued its quarterly earnings data on Friday, February 14th. The company reported $0.43 earnings per share (EPS) for the quarter. Amada had a return on equity of 6.16% and a net margin of 8.41%. The firm had revenue of $592.81 million during the quarter.

About Amada

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery, software, and peripheral equipment in Japan, North America, Europe, Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, bending robots, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS SPACE series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and a range of tools for bending and punching.