Helios Technologies, Inc (NYSE:HLIO) Short Interest Up 21.3% in January

Helios Technologies, Inc (NYSE:HLIO) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,131,585 shares, an increase of 21.3% from the December 31st total of 932,869 shares. Based on an average trading volume of 323,028 shares, the short-interest ratio is presently 3.5 days. Approximately 3.4% of the shares of the company are short sold. Approximately 3.4% of the shares of the company are short sold. Based on an average trading volume of 323,028 shares, the short-interest ratio is presently 3.5 days.

Helios Technologies Stock Performance

Shares of NYSE:HLIO traded up $1.09 during midday trading on Wednesday, reaching $70.66. The company had a trading volume of 407,215 shares, compared to its average volume of 340,847. The company has a fifty day simple moving average of $58.59. The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of 69.96 and a beta of 1.30. Helios Technologies has a 1-year low of $24.76 and a 1-year high of $71.86. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.72 and a current ratio of 2.93.

Helios Technologies (NYSE:HLIO) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.07. The company had revenue of $220.30 million during the quarter, compared to analyst estimates of $213.10 million. Helios Technologies had a net margin of 4.18% and a return on equity of 7.74%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Helios Technologies in a research note on Monday, December 29th. CJS Securities upgraded shares of Helios Technologies to a “strong-buy” rating in a research note on Thursday, December 11th. Wall Street Zen downgraded shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. Finally, Zacks Research cut shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Helios Technologies currently has a consensus rating of “Moderate Buy”.

Helios Technologies Company Profile

Helios Technologies, Inc develops and manufactures engineered motion control and electronic control products for a wide range of industrial and mobile equipment applications. The company’s Hydraulics segment designs and produces hydraulic cartridge valves, manifold systems, pumps and motors, filtration solutions and off-highway joysticks. Its Electronic Controls segment offers programmable electronic control units, wireless telematics, human-machine interfaces and software to optimize performance, efficiency and safety for equipment OEMs and end users.

Through its global network of manufacturing facilities, service centers and technology centers, Helios Technologies serves markets in agriculture, construction, material handling, mining, municipal and recreational vehicles, as well as industrial automation and infrastructure equipment.