Hurco Companies, Inc. (NASDAQ:HURC - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $19.80 and traded as high as $23.39. Hurco Companies shares last traded at $23.13, with a volume of 25,299 shares.
Wall Street Analyst Weigh In
Separately, StockNews.com cut Hurco Companies from a "hold" rating to a "sell" rating in a research note on Wednesday, February 5th.
Check Out Our Latest Report on HURC
Hurco Companies Stock Performance
The company has a market capitalization of $149.40 million, a PE ratio of -8.79 and a beta of 0.43. The company has a 50 day moving average price of $20.23 and a 200 day moving average price of $19.88.
Hurco Companies (NASDAQ:HURC - Get Free Report) last released its earnings results on Friday, January 10th. The scientific and technical instruments company reported ($0.23) EPS for the quarter. Hurco Companies had a negative net margin of 8.90% and a negative return on equity of 7.78%.
Hedge Funds Weigh In On Hurco Companies
A hedge fund recently raised its stake 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 the company in its most recent filing with the Securities and Exchange Commission. 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 period. Hurco Companies comprises approximately 0.1% of George Kaiser Family Foundation's holdings, making the stock its 17th largest holding. 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
(
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.
Further Reading
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