Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Hollysys Automation Technologies Ltd before investing.

In this article, we go over a few key elements for understanding Hollysys Automation Technologies Ltd’s stock price such as:

• Hollysys Automation Technologies Ltd’s current stock price and volume
• Why Hollysys Automation Technologies Ltd’s stock price changed recently
• Upgrades and downgrades for HOLI from analysts
• HOLI’s stock price momentum as measured by its relative strength

About Hollysys Automation Technologies Ltd (HOLI)

Before we jump into Hollysys Automation Technologies Ltd’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Hollysys Automation Technologies Ltd. is a provider of automation and control technologies, and products. The Company's segments include Industrial Automation (IA), Rail Transportation (rail), Mechanical and Electrical (M&E;), and Miscellaneous. Its technologies are applied through its industrial automation solution suite, including the Distributed Control Systems, Programmable Logic Controller, Real-time Management Information System, HolliAS Asset Management System, Operator Training System, Batch Application Package, Advanced Process Control Package (HolliAS APC Suite), Safety Instrumentation System (SIS), railway signaling system of Train Control Center, Automatic Train Protection, Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products. It serves customers in the industrial, railway, subway, nuclear power, and mechanical and electronic industries in China, Southeast Asia, India, Europe and the Middle East.

Want to learn more about Hollysys Automation Technologies Ltd’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Hollysys Automation Technologies Ltd.

Hollysys Automation Technologies Ltd’s Stock Price as of Market Close

As of May 28, 2024, 4:00 PM, CST, Hollysys Automation Technologies Ltd’s stock price was $20.87.

Hollysys Automation Technologies Ltd is down 6.08% from its previous closing price of $22.22.

During the last market session, Hollysys Automation Technologies Ltd’s stock traded between $21.94 and $22.22. Currently, there are 62.13 million shares of Hollysys Automation Technologies Ltd stock available for purchase.

Hollysys Automation Technologies Ltd’s price-earnings (P/E) ratio is currently at 18.3, which is low compared to the Electrical Components & Equipment industry median of 24.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Hollysys Automation Technologies Ltd Stock Price History

Hollysys Automation Technologies Ltd’s (HOLI) price is currently down 10.39% so far this month.

During the month of May, Hollysys Automation Technologies Ltd’s stock price has reached a high of $23.97 and a low of $20.80.

Over the last year, Hollysys Automation Technologies Ltd has hit prices as high as $27.26 and as low as $15.60. Year to date, Hollysys Automation Technologies Ltd’s stock is up 27.02%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Hollysys Automation Technologies Ltd Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 24, 2024, there were analysts who downgraded Hollysys Automation Technologies Ltd’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Hollysys Automation Technologies Ltd’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Hollysys Automation Technologies Ltd’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Hollysys Automation Technologies Ltd’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Hollysys Automation Technologies Ltd (HOLI) by visiting AAII Stock Evaluator.

Relative Price Strength of Hollysys Automation Technologies Ltd

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 24, 2024, Hollysys Automation Technologies Ltd has a weighted four-quarter relative price strength of -1.31%, which translates to a Momentum Score of 62 and is considered to be Strong.

Want to learn more about how Hollysys Automation Technologies Ltd is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Hollysys Automation Technologies Ltd Stock Price: Bottom Line

As of May 28, 2024, Hollysys Automation Technologies Ltd’s stock price is $20.87, which is down 6.08% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Hollysys Automation Technologies Ltd stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.