Hurco Companies (NASDAQ:HURC - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by research analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.
Hurco Companies Stock Performance
Shares of NASDAQ HURC opened at $17.95 on Wednesday. The firm has a fifty day moving average of $17.92 and a 200 day moving average of $16.76. Hurco Companies has a one year low of $13.19 and a one year high of $23.76. The firm has a market cap of $114.92 million, a PE ratio of -8.55 and a beta of 0.56.
Hurco Companies (NASDAQ:HURC - Get Free Report) last announced its earnings results on Friday, September 5th. The scientific and technical instruments company reported ($0.58) earnings per share (EPS) for the quarter. The company had revenue of $45.81 million during the quarter. Hurco Companies had a negative net margin of 7.24% and a negative return on equity of 6.67%. During the same quarter last year, the business posted ($1.47) EPS.
Institutional Trading of Hurco Companies
A hedge fund recently raised its stake in Hurco Companies stock. George Kaiser Family Foundation grew its holdings in shares of Hurco Companies, Inc. (NASDAQ:HURC - Free Report) by 16.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,591 shares of the scientific and technical instruments company's stock after purchasing an additional 4,036 shares during the quarter. Hurco Companies makes up about 0.1% of George Kaiser Family Foundation's portfolio, making the stock its 20th biggest holding. George Kaiser Family Foundation owned approximately 0.44% of Hurco Companies worth $443,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 74.36% of the company's stock.
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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