Shares of Hurco Companies, Inc. (NASDAQ:HURC - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $19.11 and traded as high as $20.05. Hurco Companies shares last traded at $20.02, with a volume of 18,903 shares traded.
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 Stock Analysis on HURC
Hurco Companies Stock Performance
The firm has a market capitalization of $129.13 million, a price-to-earnings ratio of -7.82 and a beta of 0.43. The firm has a fifty day moving average price of $20.51 and a 200 day moving average price of $19.11.
Hurco Companies (NASDAQ:HURC - Get Free Report) last released 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 return on equity of 5.87% and a negative net margin of 6.40%.
Institutional Trading of Hurco Companies
An institutional investor recently raised its position in Hurco Companies stock. George Kaiser Family Foundation lifted its position in shares of Hurco Companies, Inc. (NASDAQ:HURC - Free Report) by 27.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 accounts for about 0.1% of George Kaiser Family Foundation's holdings, making the stock its 17th biggest position. George Kaiser Family Foundation owned about 0.38% of Hurco Companies worth $517,000 at the end of the most recent reporting period. 74.36% of the stock is owned by institutional investors and hedge funds.
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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