Zacks Investment Research Downgrades Topcon Corporation (TOPCF) to Hold
Zacks Investment Research lowered shares of Topcon Corporation (NASDAQ:TOPCF) from a buy rating to a hold rating in a research note released on Wednesday.
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. “
Topcon Corporation (TOPCF) traded up 0.27% during trading on Wednesday, reaching $18.86. The company’s stock had a trading volume of 285 shares. The firm has a market capitalization of $2.00 billion and a P/E ratio of 39.29. The stock has a 50-day moving average of $17.63 and a 200 day moving average of $17.82. Topcon Corporation has a one year low of $13.37 and a one year high of $19.60.
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