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HollySys Automation Technologies (HOLI) Rises: Stock Up 5.8%

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HollySys Automation Technologies, Ltd. (HOLI - Free Report) was a big mover last session, as the company saw its shares rise almost 6% on the day. The upside was driven by improved fourth-quarter fiscal 2017 results. Also, this led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $17.29 to $19.17 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
 
HollySys Automation Technologies currently carries a Zacks Rank #4 (Sell).

Hollysys Automation Technologies, Ltd. Price

 

A better-ranked stock in the Industrial Automation and Robotics industry is iRobot Corporation (IRBT - Free Report) , which has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is HOLI going up? Or down? Predict to see what others think: Up or Down

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Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaire," but that should still leave plenty of money for regular investors who make the right trades early.

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