Hurco Companies, Inc. (NASDAQ:HURC - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $18.99 and traded as high as $19.94. Hurco Companies shares last traded at $19.31, with a volume of 11,111 shares.
Analysts Set New Price Targets
Separately, StockNews.com upgraded Hurco Companies from a "sell" rating to a "hold" rating in a report on Friday, December 6th.
View Our Latest Stock Report on HURC
Hurco Companies Stock Performance
The stock's 50 day moving average price is $20.86 and its 200-day moving average price is $18.99. The company has a market cap of $120.29 million, a PE ratio of -9.47 and a beta of 0.43.
Hurco Companies (NASDAQ:HURC - Get Free Report) last announced its quarterly earnings data 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 net margin of 6.40% and a negative return on equity of 5.87%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Hurco Companies stock. George Kaiser Family Foundation increased its holdings in shares of Hurco Companies, Inc. (NASDAQ:HURC - Free Report) by 27.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,555 shares of the scientific and technical instruments company's stock after purchasing an additional 5,314 shares during the quarter. Hurco Companies makes up 0.1% of George Kaiser Family Foundation's portfolio, making the stock its 17th biggest holding. George Kaiser Family Foundation owned approximately 0.38% of Hurco Companies worth $517,000 as of its most recent SEC filing. 74.36% of the stock is owned by hedge funds and other institutional investors.
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.
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