Horiba (OTCMKTS:HRIBF) Sets New 12-Month High – What’s Next?

Horiba Ltd. (OTCMKTS:HRIBF)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $125.00 and last traded at $125.00, with a volume of 180 shares trading hands. The stock had previously closed at $102.69.

Horiba Price Performance

The business’s fifty day simple moving average is $108.19 and its 200 day simple moving average is $91.60. 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 firm has a market capitalization of $5.24 billion, a price-to-earnings ratio of 21.37 and a beta of 0.26.

Horiba (OTCMKTS:HRIBF) last issued its quarterly earnings data on Thursday, February 12th. The company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.66. The firm had revenue of $654.78 million during the quarter, compared to analysts’ expectations of $655.14 million. Horiba had a net margin of 11.11% and a return on equity of 12.79%.

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.