Harmonic Drive Systems (OTCMKTS:HSYDF) Shares Up 6.6% – Here’s Why

Shares of Harmonic Drive Systems Inc. (OTCMKTS:HSYDFGet Free Report) rose 6.6% during mid-day trading on Friday . The stock traded as high as $25.13 and last traded at $23.6650. Approximately 124 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 479 shares. The stock had previously closed at $22.20.

Harmonic Drive Systems Stock Performance

The stock’s 50 day moving average price is $20.69 and its 200 day moving average price is $19.48.

About Harmonic Drive Systems

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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.

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