Disco (OTCMKTS:DSCSY) Shares Gap Down – Time to Sell?

Disco Corp (OTCMKTS:DSCSY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $44.50, but opened at $42.96. Disco shares last traded at $43.37, with a volume of 41,234 shares changing hands.

Disco Stock Down 3.0%

The company’s fifty day moving average price is $43.74 and its two-hundred day moving average price is $35.52. The company has a market cap of $46.82 billion, a price-to-earnings ratio of 53.95 and a beta of 1.53.

Disco (OTCMKTS:DSCSY) last issued its quarterly earnings data on Wednesday, January 21st. The company reported $0.22 EPS for the quarter. The business had revenue of $709.53 million for the quarter. Disco had a net margin of 30.86% and a return on equity of 25.92%. On average, equities research analysts predict that Disco Corp will post 0.7 earnings per share for the current fiscal year.

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.