Harmonic Drive Systems (OTCMKTS:HSYDF) Shares Down 7.9% – Here’s Why

Harmonic Drive Systems Inc. (OTCMKTS:HSYDFGet Free Report)’s share price fell 7.9% during mid-day trading on Friday . The company traded as low as $22.85 and last traded at $22.85. 100 shares were traded during trading, a decline of 79% from the average session volume of 478 shares. The stock had previously closed at $24.80.

Harmonic Drive Systems Trading Down 7.9 %

The firm’s fifty day moving average is $28.69 and its 200-day moving average is $22.50.

About Harmonic Drive Systems

(Get Free Report)

Harmonic Drive Systems Inc produces and sells precision control equipment and components worldwide. It offers speed reducers, rotary actuators, linear actuators, AC servo motors, and other mechatronics products, as well as otors, sensors, drivers, controllers, and other system elements. The company also provides HarmonicDrive, a speed reducer for space; high-precision planetary speed reducers under the AccuDrive and Harmonic Planetary brands; and high-performance gear heads for servo motors series.

Further Reading

Receive News & Ratings for Harmonic Drive Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harmonic Drive Systems and related companies with MarketBeat.com's FREE daily email newsletter.