Horiba Ltd. (OTCMKTS:HRIBF – Get Free Report) shares reached a new 52-week high on Friday . The stock 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 Trading Up 28.6%
The company has a debt-to-equity ratio of 0.17, a current ratio of 3.38 and a quick ratio of 2.37. The business’s 50 day simple moving average is $97.41 and its 200-day simple moving average is $80.58. The stock has a market capitalization of $4.69 billion, a P/E ratio of 18.71 and a beta of 0.27.
Horiba Company Profile
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.
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