Is it Time to Dump Hurco Companies, Inc. (HURC) Stock After it Is Up 2.16% in a Week?

Overall market sentiment has been high on Hurco Companies, Inc. (HURC) stock lately. HURC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Hurco Companies, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HURC!

See Full HURC Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With HURC Stock Today?

Hurco Companies, Inc. (HURC) stock is lower by -0.5% while the S&P 500 has risen 0.32% as of 12:17 PM on Monday, Jun 5. HURC is down -$0.11 from the previous closing price of $21.84 on volume of 30,369 shares. Over the past year the S&P 500 is higher by 4.24% while HURC is down -16.97%. HURC earned $0.90 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 24.22. To screen for more stocks like Hurco Companies, Inc. click here.

More About Hurco Companies, Inc.

Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, it derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers. Click Here to get the full Stock Report for Hurco Companies, Inc. stock.