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Shares of Twin Disc (NASDAQ:TWIN) hit a new 52-week high during trading on Friday , Stock Ratings Network reports. The company traded as high as $34.34 and last traded at $34.14, with a volume of 55,627 shares traded. The stock had previously closed at $33.58.

Separately, analysts at Global Hunter Securities upgraded shares of Twin Disc from a “neutral” rating to an “accumulate” rating in a research note on Wednesday, April 30th. They now have a $31.00 price target on the stock, up previously from $26.00.

The stock’s 50-day moving average is $30.21 and its 200-day moving average is $26.66. The company has a market cap of $378.2 million and a price-to-earnings ratio of 282.18.

Twin Disc (NASDAQ:TWIN) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.07. The company had revenue of $68.23 million for the quarter, compared to the consensus estimate of $64.65 million. During the same quarter in the previous year, the company posted ($0.07) earnings per share. The company’s revenue for the quarter was down 11.0% on a year-over-year basis. Analysts expect that Twin Disc will post $0.48 EPS for the current fiscal year.

Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off-highway power transmission equipment.

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