Disco (OTCMKTS:DSCSY) Sees Strong Trading Volume – Time to Buy?

Disco Corp (OTCMKTS:DSCSYGet Free Report) shares saw unusually-high trading volume on Friday . Approximately 783,250 shares changed hands during mid-day trading, an increase of 106% from the previous session’s volume of 379,712 shares.The stock last traded at $41.7250 and had previously closed at $43.20.

Disco Trading Down 5.1%

The company has a market cap of $44.49 billion, a PE ratio of 51.26 and a beta of 1.53. The firm’s 50-day simple moving average is $44.31 and its two-hundred day simple moving average is $35.90.

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

Disco Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Disco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Disco and related companies with MarketBeat.com's FREE daily email newsletter.