StockNews.com upgraded shares of Twin Disc (NASDAQ:TWIN – Free Report) from a buy rating to a strong-buy rating in a research report released on Friday.
Twin Disc Stock Performance
Shares of TWIN stock opened at $13.16 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.90 and a current ratio of 2.22. The stock has a market capitalization of $184.20 million, a price-to-earnings ratio of 15.13 and a beta of 0.64. Twin Disc has a one year low of $10.90 and a one year high of $18.00. The company’s 50-day simple moving average is $12.86 and its 200-day simple moving average is $14.45.
Twin Disc Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 2nd. Investors of record on Monday, August 19th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Monday, August 19th. Twin Disc’s dividend payout ratio (DPR) is presently 18.39%.
Institutional Trading of Twin Disc
About Twin Disc
Twin Disc, Incorporated designs, manufactures, and sells 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.
Featured Articles
- Five stocks we like better than Twin Disc
- How to Capture the Benefits of Dividend Increases
- The Solar Stock Battle: Is Daqo or JinkoSolar Your Next Big Win?
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Are These Chinese Stocks a Buy? Michael Burry’s Top Picks Say Yes
- How to Use the MarketBeat Dividend Calculator
- Five Below Stock Faces Challenges Despite Strong Revenue Growth
Receive News & Ratings for Twin Disc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twin Disc and related companies with MarketBeat.com's FREE daily email newsletter.