Trade Twin Disc - TWIN CFD

Trading Conditions

• Spread: 0.20
• Long position overnight feeLong position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position-0.026179 %(-US$1.05)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: -0.026179%
• Short position overnight feeShort position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position0.003957 %(US$0.16)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: 0.003957%
• Overnight fee time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20
• Stock exchange: United States of America
• Commission on trade: 0%

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: -0.026179 %
  (-US$1.05)

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: 0.003957 %
  (US$0.16)

Key Stats

• Prev. Close: 16.28
• Open: 16.31
• 1-Year Change: 81.83%
• Day's Range: 16.15 - 16.57

Twin Disc Company profile

About Twin Disc, Incorporated

Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off-highway power transmission equipment. The Company operates through two segments: manufacturing and distribution. Its 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. Its industrial products include clutches, power take-offs and pump drives sold to the agriculture, recycling, construction and oil and gas markets. Its land-based transmission products include applications for oilfield and natural gas, military, and airport rescue and firefighting. The marine and propulsion systems include marine transmission, azimuth drives, controls, surface drives, propellers and boat management systems for the global commercial marine, pleasure craft and patrol boat markets.

Financial summary

BRIEF: For the six months ended 31 December 2021, Twin Disc, Incorporated revenues increased 14% to $107.7M. Net loss decreased 77% to $1.9M. Revenues reflect Manufacturing segment increase of 13% to $90.9M, Distribution segment increase of 7% to $48.8M. Lower net loss reflects Other expense (income), net increase from $2.9M (expense) to $111K (income), Interest expense - Balancing value decrease of 15% to $961K (expense).

Equity composition

Common Stock no Par, 12/10, 30M auth., 13,099,468 issd., less 1,760,774 shs. in Treas. @ $25.6M. Insiders own 23.09%. PO: 1/64, 90,000 shs. @ $20.75 by Dean Witter. 1/08 & 4/06, 2-for-1 stock splits.