Harmonic Drive Systems Inc. (OTCMKTS:HSYDF – Get Free Report)’s share price dropped 0.3% during mid-day trading on Thursday . The stock traded as low as $47.53 and last traded at $48.21. 6,172 shares traded hands during mid-day trading, an increase of 53% from the average daily volume of 4,032 shares. The stock had previously closed at $48.3750.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group upgraded shares of 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, Harmonic Drive Systems has a consensus rating of “Buy”.
Get Our Latest Analysis on Harmonic Drive Systems
Harmonic Drive Systems Trading Down 0.3%
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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