News headlines about Hurco Companies (NASDAQ:HURC) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hurco Companies earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned news headlines about the scientific and technical instruments company an impact score of 47.5721626294051 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Hurco Companies traded down $0.80, reaching $46.45, during midday trading on Wednesday, according to MarketBeat.com. The stock had a trading volume of 10,549 shares, compared to its average volume of 13,542. Hurco Companies has a 12-month low of $27.74 and a 12-month high of $50.33. The stock has a market capitalization of $316.23 million, a P/E ratio of 15.86 and a beta of 0.37.
Hurco Companies (NASDAQ:HURC) last posted its quarterly earnings data on Friday, March 9th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter. Hurco Companies had a return on equity of 10.01% and a net margin of 6.52%. The firm had revenue of $68.44 million during the quarter.
A number of equities analysts have recently issued reports on HURC shares. ValuEngine upgraded Hurco Companies from a “hold” rating to a “buy” rating in a report on Monday, February 5th. BidaskClub cut Hurco Companies from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th.
In other news, Director Andrew Sheeley Niner sold 8,071 shares of the company’s stock in a transaction dated Monday, March 26th. The stock was sold at an average price of $45.30, for a total value of $365,616.30. Following the completion of the transaction, the director now directly owns 9,683 shares in the company, valued at approximately $438,639.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 19,836 shares of company stock valued at $902,142 over the last quarter. Company insiders own 7.90% of the company’s stock.
About Hurco Companies
Hurco Companies, Inc, an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company offers general purpose computerized machine tools, such as vertical machining centers and turning centers. It also provides computer numerical control (CNC) machine tools, knee mills, vertical machining centers, tool room bed mills, combination lathes, horizontal machining centers, slant-bed lathes, and bridge mills; and double column vertical machining centers, and high-speed drill and tap machines.
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