Topcon Corporation (OTCMKTS:TOPCF) – Jefferies Financial Group lowered their FY2020 earnings per share estimates for Topcon in a research note issued on Thursday, November 14th. Jefferies Financial Group analyst M. Nakanomyo now expects that the company will earn $0.59 per share for the year, down from their previous estimate of $0.63.

A number of other analysts have also weighed in on TOPCF. ValuEngine lowered Topcon from a “buy” rating to a “hold” rating in a research note on Tuesday, October 29th. Zacks Investment Research lowered Topcon from a “hold” rating to a “sell” rating in a research note on Thursday.

Topcon stock traded down $0.03 during midday trading on Friday, reaching $13.56. The stock had a trading volume of 700 shares, compared to its average volume of 677. The firm’s 50-day moving average price is $13.17 and its 200 day moving average price is $12.44. The company has a current ratio of 2.19, a quick ratio of 1.41 and a debt-to-equity ratio of 0.52. Topcon has a 12 month low of $10.65 and a 12 month high of $16.36.

Topcon Company Profile

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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Earnings History and Estimates for Topcon (OTCMKTS:TOPCF)

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