Topcon (TOPCF) Upgraded by Zacks Investment Research to Hold
Topcon (OTCMKTS:TOPCF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued 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. “
Shares of OTCMKTS:TOPCF traded down $0.63 during trading on Thursday, hitting $14.33. 14,200 shares of the stock were exchanged, compared to its average volume of 9,884. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 22.39, a price-to-earnings-growth ratio of 1.07 and a beta of 2.50. Topcon has a 12-month low of $13.21 and a 12-month high of $26.28.
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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