Helios Technologies, Inc (NYSE:HLIO - Get Free Report) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totaling 1,440,000 shares, agrowthof45.1% from the July 31st total of 992,100 shares. Based on an average daily volume of 444,100 shares, the short-interest ratio is presently 3.2 days. Based on an average daily volume of 444,100 shares, the short-interest ratio is presently 3.2 days.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the stock. Zacks Research raised shares of Helios Technologies to a "strong-buy" rating in a research report on Monday, August 11th. Wall Street Zen raised shares of Helios Technologies from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Strong Buy".
Check Out Our Latest Research Report on Helios Technologies
Helios Technologies Price Performance
HLIO stock traded up $0.86 during midday trading on Friday, reaching $55.38. The company's stock had a trading volume of 222,897 shares, compared to its average volume of 310,358. Helios Technologies has a 52 week low of $24.76 and a 52 week high of $57.29. The stock has a market cap of $1.84 billion, a PE ratio of 53.25 and a beta of 1.30. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.41 and a current ratio of 2.45.
About Helios Technologies
(
Get Free Report)
Helios Technologies, Inc, together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulics and electronics markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; quick release coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic system design that provides engineered solutions for machine users, manufacturers, or designers.
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