Hollysys Automation Technologies Ltd [NASDAQ: HOLI] traded at a low on Wednesday, posting a -0.40 loss after which it closed the day’ session at $24.87.
The results of the trading session contributed to over 291432 shares changing hands. Over the past one week, the price volatility of Hollysys Automation Technologies Ltd stands at 1.90% while the volatility over the past one month is 2.19%.
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The market cap for HOLI stock reached $1.55 billion, with 62.02 million shares outstanding and 48.10 million shares in the current float. Compared to the average trading volume of 390.10K shares, HOLI reached a trading volume of 291432 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Hollysys Automation Technologies Ltd [HOLI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HOLI shares is $26.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HOLI stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Hollysys Automation Technologies Ltd shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 03, 2021. The new note on the price target was released on March 05, 2021, representing the official price target for Hollysys Automation Technologies Ltd stock. On April 17, 2019, analysts increased their price target for HOLI shares from 23 to 26.
The Average True Range (ATR) for Hollysys Automation Technologies Ltd is set at 0.70, with the Price to Sales ratio for HOLI stock in the period of the last 12 months amounting to 1.88. The Price to Book ratio for the last quarter was 1.26, with the Price to Cash per share for the same quarter was set at 11.77. Price to Free Cash Flow for HOLI in the course of the last twelve months was 36.97 with Quick ratio for the last quarter at 2.74.
How has HOLI stock performed recently?
Hollysys Automation Technologies Ltd [HOLI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.94. With this latest performance, HOLI shares gained by 17.42% in over the last four-week period, additionally sinking by -4.93% over the last 6 months – not to mention a rise of 40.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HOLI stock in for the last two-week period is set at 68.77, with the RSI for the last a single of trading hit 75.82, and the three-weeks RSI is set at 64.87 for Hollysys Automation Technologies Ltd [HOLI]. The present Moving Average for the last 50 days of trading for this stock 22.69, while it was recorded at 23.74 for the last single week of trading, and 23.55 for the last 200 days.
Hollysys Automation Technologies Ltd [HOLI]: Deeper insight into the fundamentals
Hollysys Automation Technologies Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.74 and a Current Ratio set at 3.02.
Earnings analysis for Hollysys Automation Technologies Ltd [HOLI]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HOLI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hollysys Automation Technologies Ltd go to 15.83%.
Insider trade positions for Hollysys Automation Technologies Ltd [HOLI]
The top three institutional holders of HOLI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in HOLI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in HOLI stock with ownership which is approximately 5.1238%.
