Zacks Investment Research upgraded Sun Hydraulics Corporation (NASDAQ:SNHY) to Hold in a report released today.
- Updated: October 9, 2016
Zacks Investment Research has upgraded Sun Hydraulics Corporation (NASDAQ:SNHY) to Hold in a report released on 10/05/2016.
Yesterday Sun Hydraulics Corporation (NASDAQ:SNHY) traded -2.77% lower at $32.38. The company’s 50-day moving average is $30.67 and its 200-day moving average is $31.06. The last stock close price is up -0.67% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 67,318 shares of the stock were exchanged, up from an average trading volume of 54,002
With a total market value of $0, Sun Hydraulics Corporation has price-earnings ratio of 28.80 with a one year low of $24.00 and a one year high of $35.93 .
More About Sun Hydraulics Corporation (NASDAQ:SNHY)
Sun Hydraulics Corporation (Sun) designs and manufactures screw-in hydraulic cartridge valves and manifolds, which control force, speed and motion as integral components in fluid power systems. The Company operates through manufacturing and distribution of hydraulic components segment. The Company, at components level, designs and manufactures screw-in hydraulic cartridge valves, manifolds, and integrates fluid power packages and subsystems. The Company sells its products globally through subsidiaries and independent distributors. The Company has operations in the United States, England, Germany, France, South Korea, China and India. Its standard cartridge valves and manifolds are offered in multiple versions and size ranges. The Company has approximately 90 distributors, over 50 of which are located outside the United States. The Company's subsidiaries include Sun Hydraulik Holdings Limited, Sun Hydraulics Korea Corporation and High Country Tek.
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