Weakness Seen in HollySys Automation Technologies (HOLI): Stock Declines 7.8% - Tale of the Tape - Crown Holdings (NYSE:CCK), Caterpillar (NYSE:CAT)

HollySys Automation Technologies, Ltd. HOLI saw a big move last session, as the company's shares fell nearly 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for HOLI, as the stock is now down nearly 13.2% in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

HOLI currently has a Zacks Rank #4 (Sell) while its Earnings ESP is zero.

Some better-ranked stocks in the industrial goods sector include Caterpillar Inc. CAT, Crown Holdings Inc. CCK and Gorman-Rupp Co. GRC. All these stocks carry a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.

Click to get this free report

CATERPILLAR INC CAT: Free Stock Analysis Report

CROWN HLDGS INC CCK: Free Stock Analysis Report

GORMAN RUPP CO GRC: Free Stock Analysis Report

HOLLYSYS AUTOMT HOLI: Free Stock Analysis Report

To read this article on Zacks.com click here.

Market News and Data brought to you by Benzinga APIs