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Hurco Companies (NASDAQ:HURC) Releases Quarterly Earnings Results

Hurco Companies logo with Industrial Products background

Hurco Companies (NASDAQ:HURC - Get Free Report) announced its quarterly earnings results on Friday. The scientific and technical instruments company reported ($0.23) EPS for the quarter, Zacks reports. Hurco Companies had a negative net margin of 6.40% and a negative return on equity of 5.87%.

Hurco Companies Stock Down 3.4 %

Hurco Companies stock traded down $0.66 during trading on Friday, reaching $18.65. The stock had a trading volume of 14,401 shares, compared to its average volume of 14,233. Hurco Companies has a 52-week low of $14.82 and a 52-week high of $28.20. The business has a 50 day moving average price of $20.86 and a 200 day moving average price of $18.99. The stock has a market cap of $120.29 million, a PE ratio of -9.47 and a beta of 0.43.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Hurco Companies from a "sell" rating to a "hold" rating in a research note on Friday, December 6th.

Read Our Latest Analysis on HURC

About Hurco Companies

(Get Free Report)

Hurco Companies, Inc, an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. Its principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines.

Further Reading

Earnings History for Hurco Companies (NASDAQ:HURC)

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