From MarketBeat:

Short interest in Twin Disc, Incorporated (NASDAQ: TWIN) decreased by 27.8% in December, totaling 30,900 shares, with a days-to-cover ratio of ∞.

Twin Disc stock opened at $15.55, with a market cap of $217.08 million, PE ratio of 19.20, and a beta of 0.86. The one-year low and high were $8.60 and $16.36, respectively.

Twin Disc reported a Q3 net loss of ($0.09) per share, with revenue of $63.55 million. The company also issued a quarterly dividend of $0.04.

Analysts from StockNews.com have given Twin Disc a “strong-buy” rating, while TheStreet downgraded its rating from “b-” to “c+”.

Hedge funds and other institutional investors have been trading shares of Twin Disc, with Royal Bank of Canada increasing their position by 39.1%.

Twin Disc, Inc. is a company that designs, manufactures, and sells marine and heavy-duty power transmission equipment worldwide.

MarketBeat’s report on Twin Disc and its analysts’ top five stock picks are available for further reading.



Read more: Twin Disc, Incorporated (NASDAQ:TWIN) Sees Significant Decrease in Short Interest