Harmonic Drive Systems Inc. (OTCMKTS:HSYDF – Get Free Report)’s share price was down 8.5% during mid-day trading on Monday . The stock traded as low as $23.85 and last traded at $24.26. Approximately 933 shares changed hands during trading, a decline of 39% from the average daily volume of 1,542 shares. The stock had previously closed at $26.50.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft raised Harmonic Drive Systems to a “buy” rating in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy”.
Read Our Latest Analysis on HSYDF
Harmonic Drive Systems Price Performance
About Harmonic Drive Systems
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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