Horiba (OTCMKTS:HRIBF) Sets New 1-Year High – Here’s Why

Horiba Ltd. (OTCMKTS:HRIBF) hit a new 52-week high during trading on Friday . The stock traded as high as $101.58 and last traded at $101.58, with a volume of 1100 shares trading hands. The stock had previously closed at $87.00.

Horiba Stock Up 17.8%

The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of 17.14 and a beta of 0.27. The firm has a 50-day moving average of $85.00 and a 200 day moving average of $71.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.38 and a quick ratio of 2.37.

Horiba Company Profile

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.