HOLI - Shares of Hollysys Automation Technologies Ltd. (HOLI) Rise to a New 52-Week High
Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) traded today at a new 52-week high of $28.09. This new high was reached on above average trading volume as 25 million shares traded hands, while the average 30-day volume is approximately 596,000 shares.
Hollysys Automation Technologies Ltd is a China-based company that provides automation and control technologies and products. The company operates through three segments. Its IA segment supplies solutions including third-party hardware-centric products, proprietary software products, and others. The Rail segment supplies train control center and automation train protection to the rail and subway industries. The M&E segment consists of its two Southeast Asia-based subsidiaries that provide mechanical and electrical solutions. Hollysys Automation Technologies generates most of its sales from the Chinese domestic market.
Hollysys Automation Technologies Ltd. has overhead space with shares priced $16.13, or 10.3% below the average consensus analyst price target of $17.98.
In the past 52 weeks, Hollysys Automation Technologies Ltd. share prices are bracketed by a current low of $9.64 and a high of $21.24 and is now at $16.13.
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