Topcon Corporation (NASDAQ:TOPCF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Thursday.

According to Zacks, “Topcon Corporation develops and sells positioning, eye care and smart infrastructure products. Positioning products include GNSS receivers, machine control systems, precision agriculture systems, and IT site management solutions; Eye care products comprise 3D optical coherence tomography systems, retinal cameras, ophthalmic digital image filing systems, auto refractometers/auto kerato-refractometers, slit lamps, computerized tonometers, lens edgers and meters and ophthalmic laser photocoagulators.; infrastructure products consists motorized robotic total stations, imaging stations, mobile mapping systems, 3D laser scanners, data collectors, theodolites, levels/digital levels, self-leveling construction lasers, pipe lasers and asset management systems. Topcon Corporation is headquartered in Tokyo, Japan. “

Shares of Topcon Corporation (NASDAQ TOPCF) remained flat at $17.37 during trading on Thursday. Topcon Corporation has a 12-month low of $11.83 and a 12-month high of $19.60. The firm has a market capitalization of $1.84 billion and a PE ratio of 36.57. The firm’s 50 day moving average is $17.88 and its 200 day moving average is $17.81.

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