Harmonic Drive Systems Inc. (OTCMKTS:HSYDF – Get Free Report)’s stock price was down 1.7% during trading on Thursday . The company traded as low as $42.2170 and last traded at $43.25. 2,839 shares traded hands during trading, a decline of 31% from the average session volume of 4,132 shares. The stock had previously closed at $44.01.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group upgraded Harmonic Drive Systems from an “underperform” rating to a “buy” rating in a research report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy”.
View Our Latest Stock Report on Harmonic Drive Systems
Harmonic Drive Systems Trading Down 1.7%
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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