Hurco Companies, Inc. (NASDAQ:HURC - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $16.68 and traded as high as $17.62. Hurco Companies shares last traded at $17.40, with a volume of 54,729 shares changing hands.
Hurco Companies Stock Performance
The business's 50 day moving average price is $18.10 and its 200-day moving average price is $16.68. The company has a market cap of $111.36 million, a price-to-earnings ratio of -8.29 and a beta of 0.54.
Hurco Companies (NASDAQ:HURC - Get Free Report) last announced its quarterly earnings results on Friday, September 5th. The scientific and technical instruments company reported ($0.58) EPS for the quarter. Hurco Companies had a negative net margin of 7.24% and a negative return on equity of 6.67%. The company had revenue of $45.81 million during the quarter. During the same quarter last year, the company posted ($1.47) earnings per share.
Hedge Funds Weigh In On Hurco Companies
An institutional investor recently raised its position in Hurco Companies stock. Ameriprise Financial Inc. lifted its holdings in Hurco Companies, Inc. (NASDAQ:HURC - Free Report) by 0.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 321,811 shares of the scientific and technical instruments company's stock after purchasing an additional 1,733 shares during the quarter. Ameriprise Financial Inc. owned 4.94% of Hurco Companies worth $6,082,000 as of its most recent SEC filing. 74.36% of the stock is currently owned by institutional investors.
About Hurco Companies
(
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.
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