Hollysys Automation Technologies is experiencing an unusually … – Best Stocks
On Thursday, there was a very high volume of options trading activity regarding Hollysys Automation Technologies Ltd. (NASDAQ: HOLI). The investors purchased a total of 14,000 put options on the company. This represents an increase of 1,461% when compared to the typical volume of 897 put options that are traded.
On November 15, Hollysys Automation Technologies, publicly traded and whose stock is represented by the ticker symbol NASDAQ: HOLI, disseminated the most recent earnings report for the company. Profit per share (EPS) for the industrial products company came in at $0.37 for the previous quarter’s reporting period, symbol NASDAQ: HOLI disseminated the most recent earnings report for the company. Profit per share (EPS) for the industrial products company came in at $0.37 for the previous quarter’s reporting period. The company generated total revenue of 170.04 million dollars during the period under consideration. Hollysys Automation Technologies reported respective numbers for their net margin, which amounted to 12.47 percent, and their return on equity, which amounted to 8.39 percent.
In recent months, institutional investors have adjusted the total number of stocks in their investment portfolios. Aaron Wealth Advisors LLC spent approximately $237,000 purchasing additional shares of Hollysys Automation Technologies during the first three months of 2018. Oasis Management Co. Ltd. increased the proportion of Hollysys Automation Technologies that it owned by 61.8% during the first three months of the year. Oasis Management Co. Ltd. now owns a total of 930,791 stock held by the industrial products company after purchasing an additional 355,664 shares during the most recent quarter, bringing the company’s total number of shares owned to a total of 930,791. These shares are currently worth a total of $14,865,000 as of right now. During the second quarter, DGS Capital Management LLC achieved an 18.1% increase in the proportion of Hollysys Automation Technologies stock it owned, thanks to its continued success. After making an additional purchase of 2,835 shares during the period, DGS Capital Management LLC now holds a total of 18,489 shares of the stock of the industrial products company. These shares are $274,000, and the company has acquired them by purchasing 2,835 additional shares. During the first three months of 2018, Quinn Opportunity Partners LLC added Hollysys Automation Technologies to its portfolio after purchasing the company for approximately $5,969,000. Last but not least, during the second quarter, Privium Fund Management UK Ltd. added a new position in Hollysys Automation Technologies, bringing its total investment to approximately $239,000. The outstanding shares of stock in the company are owned collectively by institutional investors and hedge funds to the extent of 64.33%.
The price of a share of Hollysys Automation Technologies was reduced by $0.05 as a direct result of trading activity on Thursday, bringing the stock to a price of $16.91. Only 1,776 shares were traded, significantly lower than the stock’s average daily volume of 395,554, bringing the stock to a price of $16.91. Only 1,776 shares were traded, significantly lower than the stock’s average daily volume of 395,554. According to the simple moving average of the last 200 trading days, the stock price is currently $16.46, and the simple moving average of the last 50 trading days is currently $16.68. The stock’s beta value is 0.63, and its price-to-earnings ratio, or PE, is 11.54, both of which contribute to its market value of $1.04 billion. There is a debt-to-equity ratio equal to 0.02, a current ratio equal to 3.02, and a quick ratio equal to 2.79. Over the past year, the cost of Hollysys Automation Technologies has ranged anywhere from $11.05 to $20.43, with a price of $11.05 being the all-time low.
Hollysys Automation Technologies was rated as a “hold” by StockNews.com in the past. Still, that recommendation has since been upgraded to a “buy” rating in a research report released on November 23.
Customers in China, Southeast Asia, the Middle East, and India can turn to Hollysys Automation Technologies Ltd. for assistance with any issues they are experiencing with their automation control systems. The company offers a complete industrial automation system suite in addition to the Hollas MACS-N DCS, a proprietary nuclear power non-safety automation system. This suite comprises value-added software applications like an advanced process control system, a manufacturing execution system, a simulation training system, and the HolliAS asset management system. Instruments and actuators are just two examples of the hardware-focused components that are a part of the overall system suite. In addition, the suite includes products focused on software, such as programmable logic controllers and distributed control systems, and products focused on hardware.
Over the last nine years, Elaine has managed investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons.
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