StockNews.com Upgrades Twin Disc (NASDAQ:TWIN) to “Strong-Buy”

Twin Disc (NASDAQ:TWIN) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Friday.

Twin Disc Price Performance

Shares of TWIN opened at $11.42 on Friday. The stock’s fifty day moving average is $12.02 and its 200-day moving average is $12.75. Twin Disc has a one year low of $10.83 and a one year high of $18.00. The firm has a market capitalization of $161.02 million, a price-to-earnings ratio of 17.04 and a beta of 0.61. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 2.23.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TWIN. EntryPoint Capital LLC bought a new position in Twin Disc during the first quarter valued at about $36,000. MetLife Investment Management LLC boosted its position in shares of Twin Disc by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 6,685 shares of the industrial products company’s stock valued at $83,000 after purchasing an additional 3,767 shares during the period. Rhumbline Advisers boosted its position in shares of Twin Disc by 1,037.8% in the 2nd quarter. Rhumbline Advisers now owns 13,654 shares of the industrial products company’s stock valued at $161,000 after purchasing an additional 12,454 shares during the period. Squarepoint Ops LLC acquired a new position in shares of Twin Disc in the 2nd quarter valued at $184,000. Finally, Barclays PLC boosted its position in shares of Twin Disc by 280.7% in the 3rd quarter. Barclays PLC now owns 14,863 shares of the industrial products company’s stock valued at $186,000 after purchasing an additional 10,959 shares during the period. Institutional investors own 65.25% of the company’s stock.

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.