DISCO Corp/ADR (DSCSY) Rating Increased to Hold at Zacks Investment Research

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DISCO Corp/ADR (OTCMKTS:DSCSY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

According to Zacks, “DISCO Corporation manufactures and sells precision cutting, grinding and polishing machines primarily in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws, as well as products for dicing before grinding process and package singulation. The company also manufactures and sells precision diamond abrasive tools; and offers processing services. DISCO Corporation is headquartered in Tokyo, Japan. “

OTCMKTS:DSCSY opened at $33.55 on Wednesday. The stock has a market cap of $6.49 billion, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 0.95 and a beta of 1.69. DISCO Corp/ADR has a fifty-two week low of $31.93 and a fifty-two week high of $50.26.

DISCO Corp/ADR Company Profile

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws, as well as products for dicing before grinding process and package singulation.

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