Shares of Hurco Companies, Inc. (NASDAQ:HURC - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.91 and traded as high as $20.49. Hurco Companies shares last traded at $20.11, with a volume of 10,749 shares trading hands.
Hurco Companies Price Performance
The business's 50-day moving average price is $19.04 and its 200-day moving average price is $17.92. The firm has a market capitalization of $135.94 million, a PE ratio of -45.30 and a beta of 0.38.
Hurco Companies (NASDAQ:HURC - Get Free Report) last issued its quarterly earnings data on Friday, September 6th. The scientific and technical instruments company reported ($1.47) earnings per share (EPS) for the quarter. The business had revenue of $42.65 million for the quarter. Hurco Companies had a negative return on equity of 5.87% and a negative net margin of 6.40%.
Insider Buying and Selling
In other Hurco Companies news, major shareholder Polar Asset Management Partner sold 24,300 shares of the company's stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $22.50, for a total transaction of $546,750.00. Following the completion of the sale, the insider now directly owns 806,943 shares of the company's stock, valued at $18,156,217.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 7.20% of the company's stock.
Hedge Funds Weigh In On Hurco Companies
A hedge fund recently bought a new stake in Hurco Companies stock. George Kaiser Family Foundation bought a new position in Hurco Companies, Inc. (NASDAQ:HURC - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 19,241 shares of the scientific and technical instruments company's stock, valued at approximately $294,000. Hurco Companies accounts for 0.1% of George Kaiser Family Foundation's portfolio, making the stock its 17th largest position. George Kaiser Family Foundation owned approximately 0.30% of Hurco Companies at the end of the most recent reporting period. 74.36% of the stock is owned by hedge funds and other institutional investors.
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.
Recommended Stories
Before you consider Hurco Companies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hurco Companies wasn't on the list.
While Hurco Companies currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
