Hurco Companies, Inc. (NASDAQ:HURC - Get Free Report)'s share price crossed 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.
Analyst Ratings Changes
Separately, StockNews.com raised Hurco Companies from a "sell" rating to a "hold" rating in a research note on Friday, December 6th.
Read Our Latest Analysis on HURC
Hurco Companies Stock Up 10.1 %
The firm has a market cap of $129.13 million, a price-to-earnings ratio of -7.82 and a beta of 0.43. The business has a 50 day moving average of $20.51 and a 200 day moving average of $19.11.
Hurco Companies (NASDAQ:HURC - Get Free Report) last released 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 5.87% and a negative net margin of 6.40%.
Institutional Investors Weigh In On Hurco Companies
A hedge fund recently raised its stake in Hurco Companies stock. George Kaiser Family Foundation boosted its holdings in Hurco Companies, Inc. (NASDAQ:HURC - Free Report) by 27.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,555 shares of the scientific and technical instruments company's stock after buying an additional 5,314 shares during the period. Hurco Companies accounts for approximately 0.1% of George Kaiser Family Foundation's holdings, making the stock its 17th largest holding. George Kaiser Family Foundation owned approximately 0.38% of Hurco Companies worth $517,000 as of its most recent SEC filing. Institutional investors and hedge funds own 74.36% of the company's stock.
Hurco Companies Company Profile
(
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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