Sun Hydraulics Corp. Reaches New 12-Month High at $40.50 (SNHY)
Sun Hydraulics Corp. (NASDAQ:SNHY)’s share price reached a new 52-week high during trading on Monday, AnalystRatings.Net reports. The stock traded as high as $40.50 and last traded at $40.27, with a volume of 20,530 shares traded. The stock had previously closed at $40.21.
Sun Hydraulics Corp. has a 52-week low of $22.67 and a 52-week high of $34.39. The stock’s 50-day moving average is $31. and its 200-day moving average is $31.90. The company has a market cap of $1.063 billion and a P/E ratio of 28.46.
Sun Hydraulics Corp. (NASDAQ:SNHY) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.45 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.42 by $0.03. The company had revenue of $558.00 million for the quarter, compared to the consensus estimate of $55.20 million. During the same quarter last year, the company posted $0.43 earnings per share. Sun Hydraulics Corp.’s revenue was down 2.1% compared to the same quarter last year. Analysts expect that Sun Hydraulics Corp. will post $1.45 EPS for the current fiscal year.
Sun Hydraulics Corporation (NASDAQ:SNHY) designs, manufactures, and sells screw-in cartridge valves and manifolds used in hydraulic systems.
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