Amada Co., Ltd. (OTCMKTS:AMDLY) Sees Significant Increase in Short Interest

Amada Co., Ltd. (OTCMKTS:AMDLY) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totalling 400 shares, an increase of 33.3% from the September 15th total of 300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 4.0 days.

Amada Price Performance

Amada stock opened at $42.96 on Monday. Amada has a 1-year low of $38.20 and a 1-year high of $48.97. The company has a market cap of $3.66 billion, a PE ratio of 14.27 and a beta of 0.30. The stock’s 50 day moving average price is $40.17 and its 200 day moving average price is $43.49.

Amada (OTCMKTS:AMDLY) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.50 earnings per share for the quarter. Amada had a return on equity of 7.10% and a net margin of 9.46%. The firm had revenue of $533.02 million for the quarter.

Amada Company Profile

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery, software, and peripheral equipment in Japan, North America, Europe, Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, bending robots, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS SPACE series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and a range of tools for bending and punching.