Topcon (OTCMKTS:TOPCF) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research downgraded shares of Topcon (OTCMKTS:TOPCF) from a hold rating to a sell rating in a report published on Tuesday, Zacks.com reports.

According to Zacks, “Topcon Corporation develops and sells positioning, eye care and smart infrastructure products. Positioning products include GNSS receivers, machine control systems, precision agriculture systems, and IT site management solutions; Eye care products comprise 3D optical coherence tomography systems, retinal cameras, ophthalmic digital image filing systems, auto refractometers/auto kerato-refractometers, slit lamps, computerized tonometers, lens edgers and meters and ophthalmic laser photocoagulators.; infrastructure products consists motorized robotic total stations, imaging stations, mobile mapping systems, 3D laser scanners, data collectors, theodolites, levels/digital levels, self-leveling construction lasers, pipe lasers and asset management systems. Topcon Corporation is headquartered in Tokyo, Japan. “

Separately, ValuEngine lowered shares of Topcon from a buy rating to a hold rating in a research report on Tuesday, October 29th.

Shares of OTCMKTS TOPCF opened at $13.47 on Tuesday. The business has a 50 day simple moving average of $13.36 and a 200 day simple moving average of $12.55. Topcon has a 52 week low of $10.65 and a 52 week high of $15.71. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 13.60, a PEG ratio of 1.14 and a beta of 1.11. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.41 and a current ratio of 2.19.

About Topcon

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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