Amada (OTCMKTS:AMDLY) Issues Earnings Results

Amada (OTCMKTS:AMDLY) announced its quarterly earnings data on Thursday. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.12, Zacks reports. Amada had a return on equity of 6.17% and a net margin of 7.24%.

Amada Stock Performance

Shares of OTCMKTS:AMDLY remained flat at $56.67 during midday trading on Thursday. 5 shares of the stock traded hands, compared to its average volume of 93. The business’s 50-day moving average is $73.58 and its 200 day moving average is $64.49. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.69 and a current ratio of 2.59. The stock has a market cap of $4.50 billion, a P/E ratio of 20.68 and a beta of 0.37. Amada has a 12-month low of $56.05 and a 12-month high of $74.66.

About Amada

Amada Co., Ltd. is a Japanese manufacturer of metalworking machinery and related systems. Founded in 1946, the company serves manufacturers that process sheet metal and other materials. Its products include laser-cutting, punching, bending, shearing, welding and stamping machines, as well as machine tools and precision-grinding equipment. Amada also supplies automation systems and software designed to support manufacturing workflows, along with related service and support. Amada serves customers in Japan and international markets, with operations spanning regions including the Americas, Europe and Asia.