Amada (OTCMKTS:AMDLY) Releases Quarterly Earnings Results, Beats Expectations By $0.12 EPS

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

Amada Price Performance

AMDLY stock remained flat at $56.67 during trading on Thursday. The company had a trading volume of 5 shares, compared to its average volume of 93. Amada has a 12 month low of $56.05 and a 12 month high of $74.66. The business’s fifty day moving average price is $73.58 and its 200-day moving average price is $64.49. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.59 and a quick ratio of 1.69. The stock has a market cap of $4.50 billion, a PE ratio of 20.68 and a beta of 0.37.

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.