Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) shares saw strong trading volume on Monday . 205,780 shares traded hands during trading, a decline of 0% from the previous session’s volume of 205,903 shares.The stock last traded at $20.69 and had previously closed at $20.63.

A number of equities research analysts have recently weighed in on HOLI shares. Zacks Investment Research raised Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research note on Monday, July 18th. Deutsche Bank AG started coverage on Hollysys Automation Technologies in a research note on Monday, July 11th. They issued a “buy” rating and a $25.80 price objective for the company. Finally, Nomura raised Hollysys Automation Technologies from a “reduce” rating to a “neutral” rating and dropped their price objective for the company from $16.35 to $15.53 in a research note on Tuesday, May 24th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $20.78.

The company has a market capitalization of $1.25 billion and a PE ratio of 10.65. The stock’s 50-day moving average price is $19.13 and its 200-day moving average price is $18.83.

A hedge fund recently raised its stake in Hollysys Automation Technologies stock. BNP Paribas Arbitrage SA increased its position in shares of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,306 shares of the company’s stock after buying an additional 284 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.11% of Hollysys Automation Technologies worth $1,471,000 at the end of the most recent quarter.

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