Disco (OTCMKTS:DSCSY) Shares Gap Up - What's Next?

Disco Corp (OTCMKTS:DSCSY - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $29.95, but opened at $31.2099. Disco shares last traded at $29.9750, with a volume of 19,458 shares traded.Analysts Set New Price TargetsSeparately, Zacks Research raised Disco from a "strong sell" rating to a "hold" rating in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy".Get Our Latest Stock Analysis on DSCSYDisco Trading Up 0.0%The stock has a fifty day moving average price of $31.31 and a 200 day moving average price of $29.60. The firm has a market cap of $32.49 billion, a price-to-earnings ratio of 38.91 and a beta of 1.55. Disco (OTCMKTS:DSCSY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.20 earnings per share for the quarter. The business had revenue of $709.55 million during the quarter. Disco had a net margin of 30.85% and a return on equity of 26.06%. On average, sell-side analysts forecast that Disco Corp will post 0.7 EPS for the current year. Disco Company Profile (Get Free Report)Disco OTCMKTS: DSCSY is a manufacturer of precision processing equipment and consumables for the semiconductor and electronics industries. The company's product portfolio includes wafer dicing saws, wafer thinning and grinding systems, laser dicing equipment, polishing systems, and diamond blades and wheels, along with associated tooling and process consumables designed for high-precision cutting and surface finishing. Disco's products are used in critical back-end semiconductor manufacturing steps such as dicing, singulation, thinning, surface preparation and polishing across applications including IC packaging, power devices, LEDs, MEMS and sensors.Featured StoriesFive stocks we like better than DiscoDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffElon Warns “America Is Broke”. Trump’s Plan Inside.Can Any Expenses Be Deducted From Capital Gains Tax?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Disco Right Now?Before you consider Disco, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Disco wasn't on the list.While Disco currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here