Shares last traded at $22.77 which is just over the 50 day moving average of $21.12 and which is well above the 200 day moving average of $18.25. The 50 day moving average moved up $1.65 and the 200 day average was up $4.52. (NASDAQ:HOLI) shares saw light trading volume with 208K shares changing hands in the last trading session. Overall, volume was down 44.66% under the stocks normal daily volume.
Investors are a little more bearish of late if you consider the increase in short interest. The firm experienced a rise in short interest of 3.33% between September 15, 2017 and September 29, 2017. Short interest increased 35,031 over that timeframe. The short-interest ratio decreased to 3.0 and the percentage of shorted shares was 0.02% on September 29.
Here are a few substantial investment firms who have updated their positions. Cutler Group LP grew its ownership by buying 100 shares an increase of 33.3% from 06/30/2017 to 09/30/2017. Cutler Group LP controls 400 shares worth $0. The value of the position overall is down by 100.0%. As of quarter end Advisory Services Network, LLC had bought 130 shares growing its position 65.0%. The value in dollars increased from $3,000 to $7,000 a change of 133.3% for the reporting period.
As of the end of the quarter Hermes Investment Management Ltd had acquired a total of 49,456 shares growing its holdings by 2.3%. The value of the investment in HOLI went from $35,381,000 to $47,101,000 a change of $11,720,000 quarter to quarter. Seabridge Investment Advisors LLC bolstered its investment by buying 4,334 shares an increase of 4.4% as of 09/30/2017. Seabridge Investment Advisors LLC claims 102,476 shares with a value of $2,215,000. The total value of its holdings increased 35.9%.
The P/E ratio is currently 19.96 and market cap is 1.37B. In the last earnings report the EPS was $1.14 and is projected to be $1.69 for the current year with 60,342,000 shares outstanding. Analysts expect next quarter’s EPS will be $0.39 with next year’s EPS projected to be $1.87.
Hollysys Automation Technologies Ltd., launched on February 6, 2006, is a provider of automation and control technologies, and products. The Business’s segments include Industrial Automation (IA), Rail Transportation (rail), Mechanical and Electrical (M&E), and Miscellaneous. The Business’s principal focus is to provide Distributed Control Systems (DCSs), Programmable Logic Controller (PLC), and related industrial automation and control solution to industrial and manufacturing companies. The Business’s technologies are applied through its industrial automation solution suite, including the DCS, PLC, Real-time Management Information System (RMIS), HolliAS Asset Management System (HAMS), Operator Training System (OTS), Batch Application Package (HolliAS BATCH), Advanced Process Control Package (HolliAS APC Suite), Safety Instrumentation System (SIS), railway signaling system of Train Control Center (TCC), Automatic Train Protection (ATP), Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products. The Company serves customers in the industrial, railway, subway, nuclear power, and mechanical and electronic industries in China, Southeast Asia, India, Europe and the Middle East..