Horiba (OTCMKTS:HRIBF) Hits New 12-Month High – Should You Buy?

Shares of Horiba Ltd. (OTCMKTS:HRIBF) hit a new 52-week high during trading on Friday . The company traded as high as $111.8650 and last traded at $111.8650, with a volume of 153 shares trading hands. The stock had previously closed at $87.00.

Horiba Stock Up 28.6%

The firm has a market cap of $4.69 billion, a P/E ratio of 18.71 and a beta of 0.25. The firm’s 50 day moving average is $97.81 and its two-hundred day moving average is $81.08. The company has a current ratio of 3.38, a quick ratio of 2.37 and a debt-to-equity ratio of 0.17.

About Horiba

Horiba Ltd. is a diversified manufacturer specializing in precision instruments for measurement, analysis and process control. The company’s product portfolio spans a broad spectrum of industries, including automotive testing, environmental monitoring, semiconductor process engineering and medical diagnostics. By leveraging advanced sensing technologies and software integration, Horiba enables customers to obtain reliable data for research, development, compliance and quality assurance purposes.

In the automotive sector, Horiba offers dynamometers, emission measurement systems and powertrain testing equipment that help manufacturers and regulatory agencies evaluate fuel efficiency and exhaust emissions.