Horiba (OTCMKTS:HRIBF) Sets New 12-Month High – Should You Buy?

by · The Cerbat Gem

Horiba Ltd. (OTCMKTS:HRIBF – Get Free Report) shares reached a new 52-week high during trading on Friday . The stock traded as high as $101.58 and last traded at $101.58, with a volume of 1100 shares trading hands. The stock had previously closed at $87.00.

Horiba Stock Performance

The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of 17.14 and a beta of 0.27. The company has a current ratio of 3.38, a quick ratio of 2.37 and a debt-to-equity ratio of 0.17. The stock’s 50 day moving average is $85.00 and its two-hundred day moving average is $71.90.

About Horiba

(Get Free Report)

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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