Twin Disc (NASDAQ:TWIN) Posts Earnings Results

Twin Disc (NASDAQ:TWIN) posted its quarterly earnings results on Wednesday. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, Zacks reports. Twin Disc had a net margin of 3.09% and a return on equity of 4.26%.

Twin Disc Price Performance

Twin Disc stock traded down $0.17 during midday trading on Wednesday, reaching $11.08. The company’s stock had a trading volume of 9,103 shares, compared to its average volume of 14,529. The company has a current ratio of 2.23, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27. The stock has a market cap of $156.24 million, a PE ratio of 16.67 and a beta of 0.62. Twin Disc has a 52 week low of $10.22 and a 52 week high of $18.00. The business has a 50-day moving average price of $11.67 and a 200-day moving average price of $12.13.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Twin Disc from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 30th.

About Twin Disc

Twin Disc, Incorporated engages in the design, manufacture, and sale of marine and heavy duty off-highway power transmission equipment in the United States, the Netherlands, China, Australia, Italy, and internationally. The company operates in two segments, Manufacturing and Distribution. Its principal products include marine transmissions, azimuth drives, surface drives, propellers, and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems.