Hurco Companies, Inc. (HURC) Posts Quarterly Earnings Results
Hurco Companies, Inc. (NASDAQ:HURC) posted its quarterly earnings results on Friday. The scientific and technical instruments company reported $0.58 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $60.77 million for the quarter. Hurco Companies had a return on equity of 5.49% and a net margin of 4.54%.
Hurco Companies (HURC) traded up 1.77% during midday trading on Friday, hitting $34.45. The company had a trading volume of 40,510 shares. Hurco Companies has a one year low of $24.80 and a one year high of $36.10. The company’s 50 day moving average is $34.12 and its 200-day moving average is $31.33. The company has a market cap of $228.20 million, a P/E ratio of 22.66 and a beta of 0.50.
WARNING: This article was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/09/09/hurco-companies-inc-hurc-posts-quarterly-earnings-results.html.
Separately, ValuEngine raised Hurco Companies from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.
About Hurco Companies
Hurco Companies, Inc is an industrial technology company. The Company designs, manufactures and sells computerized (Computer Numeric Control (CNC)) machine tools, consisting primarily of vertical machining centers (mills) and turning centers (lathes), to companies in the metal cutting industry. It operates in the industrial automation equipment segment.
Receive News & Ratings for Hurco Companies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hurco Companies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.