Twin Disc, Incorporated (Nasdaq:TWIN)
December 5th, 2018
Amidst falling markets Twin Disc, Incorporated fell $1.36 Tuesday which equals a 7.72% drop, closing at $16.26. As well as the drop in value, Twin Disc, Incorporated hit a new 52 week low of $16.18, breaking the previous low of $17.26 from earlier this September.
TWIN was outperformed by the rest of the Industrials sector which went down just 4.35%.
Analysis results from 1 analyst points to the possibility that Twin Disc, Incorporated might rise significantly (60%), while Finbox has calculated (with low uncertainty) a fair value price of $21.31.
The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.15%), while Financials saw the biggest drop (4.40%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 13%.
Utilities saw the biggest turnaround from its 5-day performance of 2.31%, as it went up 0.15%. Industrials and Consumer Discretionary experienced turn arounds from their five day positive performance, Industrials with a drop of 4.35%.
- Utilities went up with a 0.15% change.
- Real Estate went down with a -1.26% change.
- Consumer Staples went down with a -1.63% change.
- Healthcare went down with a -2.30% change.
- Energy went down with a -2.93% change.
- Materials went down with a -3.08% change.
- Communication Services went down with a -3.14% change.
- Information Technology went down with a -3.86% change.
- Consumer Discretionary went down with a -3.91% change.
- Industrials went down with a -4.35% change.
- Financials went down with a -4.40% change.
Twin Disc is based in Racine.
Twin Disc, Incorporated Info
Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide. The company operates through two segments, Manufacturing and Distribution. Its products include marine transmissions, surface drives, propellers, and boat management systems; and power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems. The company also offers non-twin disc manufactured products. It sells its products through a direct sales force and distributor network to customers primarily in the commercial, pleasure craft, and military marine markets, as well as in the energy and natural resources, government, and industrial markets. Twin Disc, Incorporated was founded in 1918 and is headquartered in Racine, Wisconsin.
All amounts in USD unless otherwise indicated
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