Harmonic Drive Systems (OTCMKTS:HSYDF – Get Free Report) is projected to release its results after the market closes on Friday, August 7th. Analysts expect Harmonic Drive Systems to post earnings of $0.0652 per share and revenue of $103.3030 million for the quarter.
Harmonic Drive Systems Stock Performance
OTCMKTS HSYDF opened at $44.60 on Wednesday. Harmonic Drive Systems has a 12 month low of $15.00 and a 12 month high of $57.16. The company’s 50 day moving average is $45.06 and its two-hundred day moving average is $34.66.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group raised shares of Harmonic Drive Systems from an “underperform” rating to a “buy” rating in a research note on Tuesday, June 16th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average 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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