Hurco Companies (NASDAQ:HURC – Get Free Report) posted its quarterly earnings results on Friday. The scientific and technical instruments company reported ($0.23) earnings per share (EPS) for the quarter, Zacks reports. Hurco Companies had a negative return on equity of 5.87% and a negative net margin of 6.40%.
Hurco Companies Stock Performance
HURC stock opened at $18.65 on Friday. Hurco Companies has a 52 week low of $14.82 and a 52 week high of $28.20. The company’s 50-day simple moving average is $20.81 and its 200 day simple moving average is $19.03. The company has a market capitalization of $120.29 million, a PE ratio of -9.47 and a beta of 0.43.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Hurco Companies from a “sell” rating to a “hold” rating in a research note on Friday, December 6th.
Hurco Companies Company Profile
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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