Hurco Companies (NASDAQ:HURC – Get Free Report) released its quarterly earnings results on Friday. The scientific and technical instruments company reported ($0.23) earnings per share for the quarter, Zacks reports. Hurco Companies had a negative net margin of 6.40% and a negative return on equity of 5.87%.
Hurco Companies Stock Performance
Shares of Hurco Companies stock opened at $18.65 on Friday. Hurco Companies has a 52-week low of $14.82 and a 52-week high of $28.20. The business’s 50 day simple moving average is $20.81 and its 200 day simple moving average is $19.03. The firm has a market cap of $120.29 million, a PE ratio of -9.47 and a beta of 0.43.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of Hurco Companies from a “sell” rating to a “hold” rating in a research note on Friday, December 6th.
About Hurco Companies
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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