Several analysts have recently updated their ratings and price targets for Hollysys Automation Technologies (NASDAQ: HOLI):<\/p>\n
Shares of NASDAQ:HOLI traded down $0.21 on Tuesday, hitting $16.27. 4,147 shares of the company were exchanged, compared to its average volume of 165,642. The companys 50 day moving average price is $15.62 and its two-hundred day moving average price is $16.16. Hollysys Automation Technologies Ltd has a one year low of $13.59 and a one year high of $24.10. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.25 and a current ratio of 3.39. The firm has a market capitalization of $994.40 million, a price-to-earnings ratio of 7.20 and a beta of 1.38. <\/p>\n
Hollysys Automation Technologies (NASDAQ:HOLI) last posted its quarterly earnings data on Wednesday, November 13th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. Hollysys Automation Technologies had a net margin of 22.90% and a return on equity of 15.00%. The company had revenue of $123.23 million for the quarter. Research analysts predict that Hollysys Automation Technologies Ltd will post 2.37 earnings per share for the current year. <\/p>\n
Institutional investors have recently modified their holdings of the company. California Public Employees Retirement System boosted its position in shares of Hollysys Automation Technologies by 64.6% during the 3rd quarter. California Public Employees Retirement System now owns 106,238 shares of the industrial products companys stock valued at $1,614,000 after acquiring an additional 41,694 shares in the last quarter. STA Wealth Management LLC acquired a new stake in shares of Hollysys Automation Technologies during the 2nd quarter valued at about $674,000. Point72 Asset Management L.P. acquired a new stake in shares of Hollysys Automation Technologies during the 3rd quarter valued at about $101,000. M&T Bank Corp boosted its position in shares of Hollysys Automation Technologies by 10.4% during the 2nd quarter. M&T Bank Corp now owns 81,469 shares of the industrial products companys stock valued at $1,548,000 after acquiring an additional 7,685 shares in the last quarter. Finally, First Trust Advisors LP boosted its position in shares of Hollysys Automation Technologies by 9.2% during the 3rd quarter. First Trust Advisors LP now owns 31,651 shares of the industrial products companys stock valued at $481,000 after acquiring an additional 2,654 shares in the last quarter. Institutional investors and hedge funds own 74.76% of the companys stock. <\/p>\n
Hollysys Automation Technologies Ltd. provides automation and control technologies and products in the People's Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including third-party hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems\/programmable logic controllers; and valued-added software packages comprising real-time management information system, HolliAS asset management system, operator training system, HolliAS batch application package, HolliAS advanced process control package, and safety instrumentation system, as well as HOLLiAS-NMS DCS, a proprietary nuclear power non-safety automation and control system.<\/p>\n
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Research Analysts Recent Ratings Updates for Hollysys Automation Technologies (HOLI) - Riverton Roll<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Several analysts have recently updated their ratings and price targets for Hollysys Automation Technologies (NASDAQ: HOLI): Shares of NASDAQ:HOLI traded down $0.21 on Tuesday, hitting $16.27. 4,147 shares of the company were exchanged, compared to its average volume of 165,642. The companys 50 day moving average price is $15.62 and its two-hundred day moving average price is $16.16 Continue reading