StockNews.com initiated coverage on shares of Hollysys Automation Technologies (NASDAQ:HOLI – Free Report) in a research note issued to investors on Wednesday. The brokerage issued a buy rating on the industrial products company’s stock.
Hollysys Automation Technologies Price Performance
Hollysys Automation Technologies stock remained flat at $26.42 during trading hours on Wednesday. 224 shares of the company’s stock were exchanged, compared to its average volume of 642,693. The stock has a market cap of $1.64 billion, a PE ratio of 21.83 and a beta of 0.46. The company’s 50 day simple moving average is $24.51 and its two-hundred day simple moving average is $24.57. The company has a current ratio of 3.02, a quick ratio of 2.80 and a debt-to-equity ratio of 0.04. Hollysys Automation Technologies has a 1-year low of $16.25 and a 1-year high of $27.25.
Hollysys Automation Technologies (NASDAQ:HOLI – Get Free Report) last announced its quarterly earnings results on Thursday, May 16th. The industrial products company reported $0.07 EPS for the quarter. Hollysys Automation Technologies had a return on equity of 6.39% and a net margin of 9.52%. The company had revenue of $173.47 million during the quarter.
Institutional Investors Weigh In On Hollysys Automation Technologies
Hollysys Automation Technologies Company Profile
Hollysys Automation Technologies Ltd. provides automation control system solutions in the People's Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising simulation training system, HolliAS asset management system, advanced process control, and manufacturing execution system, as well as HOLLiAS MACS-N DCS, a proprietary nuclear power non-safety automation and control system.
Featured Articles
- Five stocks we like better than Hollysys Automation Technologies
- Comparing and Trading High PE Ratio Stocks
- Walmart Stock: Buy the Rip or Wait for the Dip?
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- 3 Stocks to Buy for a Soft Landing, If There Is One
- Insider Trades May Not Tell You What You Think
- Why You Shouldn’t Count Out Tencent Music Stock After Earnings
Receive News & Ratings for Hollysys Automation Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hollysys Automation Technologies and related companies with MarketBeat.com's FREE daily email newsletter.