Short Interest in Topcon Co. (OTCMKTS:TOPCF) Declines By 16.6%

Topcon Co. (OTCMKTS:TOPCFGet Rating) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 70,500 shares, a drop of 16.6% from the June 30th total of 84,500 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is presently 23.5 days.

Topcon Trading Down 5.3 %

OTCMKTS:TOPCF opened at $13.89 on Thursday. The firm has a market cap of $1.46 billion, a PE ratio of 15.43 and a beta of 1.15. The company has a current ratio of 1.86, a quick ratio of 1.21 and a debt-to-equity ratio of 0.31. The stock has a fifty day moving average price of $13.62 and a 200 day moving average price of $13.09. Topcon has a 12-month low of $10.72 and a 12-month high of $19.12.

About Topcon

(Get Rating)

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products worldwide. It offers 3d oct, retinal camera, slit lamps, auto refractometer, auto kerato-refractometer, tonometer, specular microscope, photocoagulator, operation microscope, vision tester, lensmeter, and chart projector, as well as IMAGEnet, an ophthalmic data system; and crop analysis, data management, guidance and autosteering, weighing and measurement, mapping, implement control, and feed management products.

Further Reading

Want More Great Investing Ideas?

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