Harmonic Drive Systems (OTCMKTS:HSYDF) Stock Price Down 3% – What’s Next?

Harmonic Drive Systems Inc. (OTCMKTS:HSYDFGet Free Report)’s share price was down 3% on Friday . The company traded as low as $25.00 and last traded at $25.00. Approximately 400 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 1,150 shares. The stock had previously closed at $25.76.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised Harmonic Drive Systems to a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Harmonic Drive Systems has a consensus rating of “Buy”.

View Our Latest Stock Report on HSYDF

Harmonic Drive Systems Stock Performance

The firm’s 50-day moving average price is $24.14 and its 200 day moving average price is $20.72.

About Harmonic Drive Systems

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Harmonic Drive Systems Inc produces and sells precision control equipment and components worldwide. It offers speed reducers, rotary actuators, linear actuators, AC servo motors, and other mechatronics products, as well as otors, sensors, drivers, controllers, and other system elements. The company also provides HarmonicDrive, a speed reducer for space; high-precision planetary speed reducers under the AccuDrive and Harmonic Planetary brands; and high-performance gear heads for servo motors series.

Further Reading

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