Screen (OTCMKTS:DINRF) Trading Down 8% – Here’s Why

Screen Holdings Co., Ltd (OTCMKTS:DINRF)’s share price dropped 8% during trading on Friday . The company traded as low as $74.96 and last traded at $74.96. Approximately 200 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 647 shares. The stock had previously closed at $81.49.

Screen Stock Down 8.9%

The company has a fifty day simple moving average of $77.19 and a 200-day simple moving average of $92.36. The firm has a market cap of $7.09 billion, a P/E ratio of 18.28 and a beta of 1.75.

Screen (OTCMKTS:DINRF) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.33). The company had revenue of $748.79 million for the quarter, compared to analysts’ expectations of $936.62 million. Screen had a net margin of 14.32% and a return on equity of 19.03%.

Screen Company Profile

SCREEN Holdings Co, Ltd. develops, manufactures, sells, and maintains semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally. It operates in four segments: Semiconductor Production Equipment Business, Graphic Arts Equipment Business, Display Production Equipment and Coater Business, and PCB-Related Equipment Business. The company offers coat/develop trackers, wafer cleaning systems, annealing systems, measurement systems, inspection systems, and advanced packaging lithography equipment.