HORIBA (OTCMKTS:HRIBF) Trading Up 24.4% – Here’s Why

Shares of HORIBA, Ltd. (OTCMKTS:HRIBFGet Free Report) shot up 24.4% during trading on Friday . The stock traded as high as $61.03 and last traded at $61.03. 242 shares changed hands during trading, a decline of 69% from the average session volume of 793 shares. The stock had previously closed at $49.06.

HORIBA Stock Up 24.4 %

The stock has a market capitalization of $2.56 billion, a P/E ratio of 10.92 and a beta of 0.13. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.29 and a quick ratio of 2.19. The stock’s fifty day moving average is $56.00 and its two-hundred day moving average is $61.51.

About HORIBA

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HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities.

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