Harmonic Drive Systems (HSYDF) Projected to Post Earnings on Wednesday

Harmonic Drive Systems (OTCMKTS:HSYDF) is expected to announce its results after the market closes on Wednesday, November 11th. Analysts expect Harmonic Drive Systems to announce earnings of $0.0807 per share and revenue of $124.84 million for the quarter.

Harmonic Drive Systems Stock Performance

Shares of OTCMKTS HSYDF opened at $32.75 on Wednesday. Harmonic Drive Systems has a one year low of $16.20 and a one year high of $57.16. The business has a 50-day moving average price of $37.26 and a two-hundred day moving average price of $35.68.

About Harmonic Drive Systems

Harmonic Drive Systems Inc is a Japanese manufacturer of precision motion-control components and systems. The company is best known for its strain-wave gearing technology, marketed under the HarmonicDrive brand, which provides high-precision speed reduction, torque transmission and positioning in a compact design.

Its products include precision reducers, gearheads, servo actuators and related motion-control solutions. These products are used in industrial robots, factory-automation equipment, semiconductor and electronics manufacturing machinery, medical devices, aerospace systems and other applications that require accurate, repeatable movement.

Founded in Japan in 1970, Harmonic Drive Systems serves customers through operations and distribution networks in Japan and international markets, including North America, Europe and Asia.