StockNews.com initiated coverage on shares of Hollysys Automation Technologies (NASDAQ:HOLI – Free Report) in a research note published on Tuesday morning. The firm issued a buy rating on the industrial products company’s stock.
Hollysys Automation Technologies Stock Performance
NASDAQ HOLI remained flat at $26.42 during trading on Tuesday. 224 shares of the company’s stock traded hands, compared to its average volume of 642,693. 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. The firm has a market capitalization of $1.64 billion, a P/E ratio of 21.83 and a beta of 0.46. The stock has a 50 day simple moving average of $24.21 and a two-hundred day simple moving average of $24.56.
Hollysys Automation Technologies (NASDAQ:HOLI – Get Free Report) last issued its quarterly earnings data on Thursday, May 16th. The industrial products company reported $0.07 EPS for the quarter. Hollysys Automation Technologies had a net margin of 9.52% and a return on equity of 6.39%. The business had revenue of $173.47 million during the quarter.
Institutional Inflows and Outflows
About Hollysys Automation Technologies
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.
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