Hurco Companies, Inc. (NASDAQ:HURC - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $19.42 and traded as high as $22.00. Hurco Companies shares last traded at $20.74, with a volume of 8,596 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com upgraded Hurco Companies from a "sell" rating to a "hold" rating in a report on Tuesday.
Get Our Latest Research Report on HURC
Hurco Companies Stock Performance
The company has a market capitalization of $138.61 million, a price-to-earnings ratio of -8.39 and a beta of 0.43. The business has a 50 day moving average price of $20.41 and a 200-day moving average price of $19.47.
Hurco Companies (NASDAQ:HURC - Get Free Report) last announced its quarterly earnings results on Friday, January 10th. The scientific and technical instruments company reported ($0.23) earnings per share (EPS) for the quarter. Hurco Companies had a negative return on equity of 7.78% and a negative net margin of 8.90%.
Institutional Investors Weigh In On Hurco Companies
An institutional investor recently raised its position in Hurco Companies stock. George Kaiser Family Foundation increased its holdings in shares of Hurco Companies, Inc. (NASDAQ:HURC - Free Report) by 27.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,555 shares of the scientific and technical instruments company's stock after acquiring an additional 5,314 shares during the quarter. Hurco Companies makes up about 0.1% of George Kaiser Family Foundation's holdings, making the stock its 17th largest position. George Kaiser Family Foundation owned about 0.38% of Hurco Companies worth $517,000 at the end of the most recent quarter. Institutional investors own 74.36% of the company's stock.
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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