Zacks Investment Research upgraded shares of Topcon (OTCMKTS:TOPCF) from a sell rating to a hold rating in a research note released 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. “

OTCMKTS:TOPCF traded up $0.40 during trading hours on Thursday, hitting $15.18. 500 shares of the stock traded hands, compared to its average volume of 9,789. Topcon has a fifty-two week low of $13.21 and a fifty-two week high of $26.28. The company has a market cap of $1.62 billion, a P/E ratio of 23.72, a price-to-earnings-growth ratio of 1.07 and a beta of 2.50.

About Topcon

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products worldwide. Its positioning products include GNSS receivers, GIS, GPS plus reference station systems, machine control systems, precision agriculture systems, and asset management systems.

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