On 7/1/24, Hollysys Automation Technologies (NASDAQ: HOLI) stock enjoyed a major increase of 17.6%, closing at $25.45. Moreover, trading volume in this advance was exceptionally high at 748% of normal. The stock has risen 17.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, HOLI is expected to be a Value Builder.
Hollysys Automation Technologies has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Hollysys Automation Technologies has a neutral Power Rating of 53 and a slightly positive Appreciation Score of 66, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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