Disco (OTCMKTS:DSCSY) Shares Gap Down - Time to Sell?

Disco Corp (OTCMKTS:DSCSY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $48.11, but opened at $46.3501. Disco shares last traded at $47.30, with a volume of 786 shares traded.Analysts Set New Price TargetsSeparately, Zacks Research upgraded Disco from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 20th. Two investment analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the company currently has an average rating of "Strong Buy".Read Our Latest Stock Report on DiscoDisco Trading Up 0.7%The company has a 50 day moving average of $44.51 and a 200-day moving average of $38.47. The firm has a market capitalization of $50.78 billion, a P/E ratio of 57.09 and a beta of 1.63. Disco (OTCMKTS:DSCSY - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $848.13 million during the quarter, compared to the consensus estimate of $771.53 million. Disco had a return on equity of 26.03% and a net margin of 30.95%. As a group, sell-side analysts forecast that Disco Corp will post 1.07 EPS for the current fiscal 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 DiscoThis 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 Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here