Twin Disc (NASDAQ:TWIN) Releases Quarterly Earnings Results

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

Twin Disc Trading Down 0.8 %

Shares of Twin Disc stock traded down $0.09 during trading on Wednesday, hitting $11.16. The stock had a trading volume of 9,923 shares, compared to its average volume of 14,529. Twin Disc has a 1 year low of $10.22 and a 1 year high of $18.00. The stock has a 50 day simple moving average of $11.67 and a 200 day simple moving average of $12.13. The company has a quick ratio of 0.84, a current ratio of 2.23 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $157.37 million, a PE ratio of 16.63 and a beta of 0.62.

Analyst Ratings Changes

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

Twin Disc Company Profile

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.