Horiba Ltd. (OTCMKTS:HRIBF – Get Free Report) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 91,089 shares, a decrease of 39.4% from the September 15th total of 150,400 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Horiba Price Performance
Shares of Horiba stock remained flat at $137.00 during mid-day trading on Friday. Horiba has a 1 year low of $73.11 and a 1 year high of $166.67. The company has a market capitalization of $5.75 billion, a P/E ratio of 20.79 and a beta of 0.23. The company has a fifty day simple moving average of $148.72 and a 200-day simple moving average of $149.36. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.93 and a quick ratio of 2.14.
Horiba (OTCMKTS:HRIBF – Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.73. The business had revenue of $586.15 million during the quarter, compared to analyst estimates of $549.25 million. Horiba had a net margin of 11.80% and a return on equity of 13.28%.
Horiba Company Profile
HORIBA, Ltd. is a Japan-based manufacturer of analytical and measurement systems. The company develops instruments, equipment and related services used to measure and analyze physical and chemical properties across industrial, scientific and medical applications.
Its principal business areas include automotive testing systems, environmental and process monitoring equipment, medical and healthcare analyzers, semiconductor and materials measurement systems, and scientific instruments. HORIBA’s products are used in applications such as vehicle emissions and powertrain testing, water and air quality monitoring, laboratory analysis, clinical diagnostics, and research and development.
Founded in Kyoto, Japan, HORIBA has expanded its operations and customer base internationally.
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