Hollysys Automation Technologies (NASDAQ:HOLI) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Hollysys Automation Technologies (NASDAQ:HOLI) in a research note issued to investors on Tuesday. The firm issued a buy rating on the industrial products company’s stock.

Hollysys Automation Technologies Stock Up 1.0 %

HOLI stock opened at $24.55 on Tuesday. The firm has a 50 day moving average of $25.54 and a 200 day moving average of $24.24. The stock has a market capitalization of $1.52 billion, a PE ratio of 18.32 and a beta of 0.53. The company has a quick ratio of 2.70, a current ratio of 2.90 and a debt-to-equity ratio of 0.04. Hollysys Automation Technologies has a 52 week low of $15.13 and a 52 week high of $27.25.

Hollysys Automation Technologies (NASDAQ:HOLI) last announced its quarterly earnings data on Thursday, March 7th. The industrial products company reported $0.23 EPS for the quarter. Hollysys Automation Technologies had a net margin of 10.56% and a return on equity of 7.09%. The business had revenue of $223.72 million during the quarter.

Institutional Trading of Hollysys Automation Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the business. Truist Financial Corp increased its holdings in shares of Hollysys Automation Technologies by 2.0% during the 4th quarter. Truist Financial Corp now owns 22,110 shares of the industrial products company’s stock valued at $583,000 after purchasing an additional 434 shares in the last quarter. Quilter Plc purchased a new position in shares of Hollysys Automation Technologies during the 1st quarter valued at approximately $645,450,000. Blue Trust Inc. increased its holdings in shares of Hollysys Automation Technologies by 665.2% during the 4th quarter. Blue Trust Inc. now owns 1,056 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 918 shares in the last quarter. FourWorld Capital Management LLC purchased a new position in shares of Hollysys Automation Technologies during the 4th quarter valued at approximately $26,000. Finally, Stifel Financial Corp increased its holdings in shares of Hollysys Automation Technologies by 7.6% during the 2nd quarter. Stifel Financial Corp now owns 14,688 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 1,039 shares in the last quarter. 78.67% of the stock is currently owned by institutional investors and hedge funds.

Hollysys Automation Technologies Company Profile

Hollysys Automation Technologies Ltd. provides automation control system 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.