Hollysys Automation Technologies Ltd. provides automation solutions in the People's Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising simulation training system, HolliAS asset management system, advanced process control, and manufacturing execution system, as well as HOLLiAS MACS-N DCS, a proprietary nuclear power non-safety automation and control system. It also provides train control center that monitors route condition, track status, train schedules, distance between trains, and the working status of other function devices, as well as generates control instructions and commands. In addition, the company offers automation train protection that operates as a train over-speed protection mechanism; and supervisory control and data acquisition system, an open software platform. Further, it offers research and development services; and offers integrated automation control system solutions, mechanical and electrical solutions, and installation services, as well as provides medicine and healthcare, industrial digitization, and industrial information security solutions. The company serves customers in the industrial, railway, subway, nuclear power, and mechanical and electronic industries. The company was formerly known as HLS Systems International Ltd. and changed its name to Hollysys Automation Technologies Ltd. in July 2009. Hollysys Automation Technologies Ltd. was founded in 1993 and is headquartered in Beijing, the People's Republic China.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Hollysys Automation Technologies from a "hold" rating to a "buy" rating in a report on Tuesday, July 19th.
Hollysys Automation Technologies Price Performance
Shares of NASDAQ:HOLI traded up $0.39 during midday trading on Friday, hitting $15.49. The company had a trading volume of 417,663 shares, compared to its average volume of 248,328. Hollysys Automation Technologies has a twelve month low of $11.05 and a twelve month high of $21.24. The stock has a market cap of $950.62 million, a price-to-earnings ratio of 10.34 and a beta of 0.78. The business's 50-day simple moving average is $15.17 and its 200-day simple moving average is $15.08.