Hurco Companies, Inc. (NASDAQ:HURC - Get Free Report) shares crossed 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 traded.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Hurco Companies from a "sell" rating to a "hold" rating in a report on Friday, December 6th.
Read Our Latest Stock Analysis on Hurco Companies
Hurco Companies Trading Down 3.4 %
The company has a market cap of $120.29 million, a price-to-earnings ratio of -9.47 and a beta of 0.43. The stock's fifty day simple moving average is $20.86 and its 200 day simple moving average is $18.99.
Hurco Companies (NASDAQ:HURC - Get Free Report) last posted its 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 5.87% and a negative net margin of 6.40%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Hurco Companies stock. George Kaiser Family Foundation increased its position in shares of Hurco Companies, Inc. (NASDAQ:HURC - Free Report) by 27.6% in the 3rd quarter, according to its most recent disclosure with the Securities & 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 period. Hurco Companies makes up approximately 0.1% of George Kaiser Family Foundation's portfolio, 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. Hedge funds and other institutional investors own 74.36% of the company's stock.
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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