Harmonic Drive Systems (OTCMKTS:HSYDF – Get Free Report) will likely be posting its results after the market closes on Friday, August 7th. Analysts expect the company to post earnings of $0.0652 per share and revenue of $103.3030 million for the quarter.
Harmonic Drive Systems Stock Up 8.7%
HSYDF stock opened at $48.50 on Thursday. The business has a fifty day moving average price of $45.05 and a 200 day moving average price of $34.83. Harmonic Drive Systems has a fifty-two week low of $15.00 and a fifty-two week high of $57.16.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group raised Harmonic Drive Systems from an “underperform” rating to a “buy” rating in a research note on Tuesday, June 16th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Harmonic Drive Systems Company Profile
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.
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