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
(
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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.
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