Hurco Companies (NASDAQ:HURC – Get Free Report) released its quarterly earnings data on Friday. The scientific and technical instruments company reported ($0.23) earnings per share for the quarter, Zacks reports. Hurco Companies had a negative net margin of 6.40% and a negative return on equity of 5.87%.
Hurco Companies Price Performance
Shares of NASDAQ HURC opened at $19.31 on Friday. Hurco Companies has a 1-year low of $14.82 and a 1-year high of $28.20. The company has a market capitalization of $124.55 million, a price-to-earnings ratio of -9.80 and a beta of 0.43. The business has a 50-day moving average of $20.86 and a 200-day moving average of $18.99.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of Hurco Companies from a “sell” rating to a “hold” rating in a research report on Friday, December 6th.
About Hurco Companies
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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