Hollysys Automation Technologies Ltd. (HOLI) Reaches $25.86 After 9.00% Up Move; Optibase LTD. – Ordinary Shares (OBAS) SI Increased By 2300%

May 15, 2018 - By wolcottdaily

Optibase LTD. – Ordinary Shares (NASDAQ:OBAS) had an increase of 2300% in short interest. OBAS’s SI was 2,400 shares in May as released by FINRA. Its up 2300% from 100 shares previously. With 1,800 avg volume, 1 days are for Optibase LTD. – Ordinary Shares (NASDAQ:OBAS)’s short sellers to cover OBAS’s short positions. The SI to Optibase LTD. – Ordinary Shares’s float is 0.2%. The stock increased 4.19% or $0.3752 during the last trading session, reaching $9.3252. About 3,144 shares traded or 37.23% up from the average. Optibase Ltd. (NASDAQ:OBAS) has risen 14.29% since May 15, 2017 and is uptrending. It has outperformed by 2.74% the S&P500.

The stock of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) is a huge mover today! The stock increased 17.01% or $3.76 during the last trading session, reaching $25.86. About 1.70M shares traded or 402.77% up from the average. Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) has risen 48.73% since May 15, 2017 and is uptrending. It has outperformed by 37.18% the S&P500.The move comes after 8 months positive chart setup for the $1.56 billion company. It was reported on May, 15 by Barchart.com. We have $28.19 PT which if reached, will make NASDAQ:HOLI worth $140.40 million more.

More news for Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) were recently published by: Benzinga.com, which released: “Mid-Morning Market Update: Markets Open Lower; Home Depot Sales Miss Estimates” on May 15, 2018. Benzinga.com‘s article titled: “Earnings Scheduled For May 14, 2018” and published on May 14, 2018 is yet another important article.

Among 6 analysts covering HollySys (NASDAQ:HOLI), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. HollySys had 10 analyst reports since December 17, 2015 according to SRatingsIntel. The firm has “Reduce” rating given on Thursday, April 28 by Nomura. Nomura upgraded the stock to “Neutral” rating in Tuesday, May 24 report. The stock of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) has “Neutral” rating given on Friday, January 8 by Credit Suisse. The stock of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) has “Neutral” rating given on Thursday, February 18 by JP Morgan. The rating was upgraded by Citigroup on Tuesday, May 15 to “Buy”. JP Morgan maintained the stock with “Neutral” rating in Monday, February 12 report. On Friday, February 9 the stock rating was downgraded by J.P. Morgan to “Hold”. The company was downgraded on Thursday, December 17 by Goldman Sachs.

Hollysys Automation Technologies Ltd. provides automation and control technologies and products in the PeopleÂ’s Republic of China, Southeast Asia, India, and the Middle East. The company has market cap of $1.56 billion. The firm offers a suite of industrial automation systems, including third-party hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising real-time management information system, HolliAS asset management system, operator training system, HolliAS batch application package, HolliAS advanced process control package, and safety instrumentation system, as well as HOLLiAS-NMS DCS, a proprietary nuclear power non-safety automation and control system. It has a 16.47 P/E ratio. It also provides train control center that monitors route condition, track status, train schedules, distance between trains, and the working status of other function devices, as well as generates control instructions and commands.

Optibase Ltd. operates in the fixed-income real estate sector. The company has market cap of $48.62 million. The firm purchases and operates real estate properties intended for leasing and resale primarily for the purpose of commercial, industrial, office space, parking garage, and warehouse use, as well as for residential purposes. It currently has negative earnings. It holds properties in Rümlang and Geneva, Switzerland; Bavaria, Germany; Miami, Florida; Texas; Philadelphia, Pennsylvania; and Chicago, Illinois.

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