StockNews.com initiated coverage on shares of Hollysys Automation Technologies (NASDAQ:HOLI – Free Report) in a research note released on Thursday morning. The firm issued a buy rating on the industrial products company’s stock.
Hollysys Automation Technologies Price Performance
Shares of Hollysys Automation Technologies stock opened at $21.64 on Thursday. Hollysys Automation Technologies has a one year low of $16.25 and a one year high of $27.25. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.80 and a current ratio of 3.02. The stock has a market cap of $1.34 billion, a P/E ratio of 17.88 and a beta of 0.47. The stock’s fifty day moving average is $22.54 and its 200 day moving average is $24.58.
Hollysys Automation Technologies (NASDAQ:HOLI – Get Free Report) last released its earnings results on Thursday, May 16th. The industrial products company reported $0.07 EPS for the quarter. The company had revenue of $173.47 million for the quarter. Hollysys Automation Technologies had a net margin of 9.52% and a return on equity of 6.39%.
Institutional Investors Weigh In On Hollysys Automation Technologies
About Hollysys Automation Technologies
Hollysys Automation Technologies Ltd. provides automation control system solutions in the People's Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising simulation training system, HolliAS asset management system, advanced process control, and manufacturing execution system, as well as HOLLiAS MACS-N DCS, a proprietary nuclear power non-safety automation and control system.
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