|Bid||17.09 x 2900|
|Ask||17.70 x 1800|
|Day's Range||17.07 - 17.70|
|52 Week Range||11.05 - 20.72|
|Beta (5Y Monthly)||0.76|
|PE Ratio (TTM)||12.67|
|Earnings Date||Aug 12, 2022|
|Forward Dividend & Yield||0.32 (1.81%)|
|Ex-Dividend Date||Apr 01, 2022|
|1y Target Est||24.00|
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Investors came into Friday morning's stock market trading session on a positive note, reversing several weeks of downward pressure on the Nasdaq Composite (NASDAQINDEX: ^IXIC) and other major market indexes. News that the U.S. economy had created 315,000 jobs in August seemed to hit the sweet spot in many market participants' minds, showing solid gains in the workforce but also perhaps constraining the Federal Reserve from being too aggressive with future interest rate increases. As of 9 a.m. ET, Nasdaq futures had risen about half a percent.
A consortium led by China's Hollysys Automation Technologies, Ltd's (NASDAQ: HOLI) management aims to take the U.S.-listed automation and control system maker private in a deal at a $1.8 billion valuation, Reuters reports. The consortium plans to offer about $29 per share, representing a premium of 71% to the firm's September 1 closing price of $16.96. The management team, led by founder and CEO Wang Changli, has won endorsement for the deal from the municipal government of Beijing. Recently, a
HONG KONG (Reuters) -A consortium led by China's Hollysys Automation Technologies management plans to take the U.S.-listed automation and control system maker private in a deal that would value the firm at $1.8 billion, people with knowledge of the matter said. The management team, led by founder and Chief Executive Officer Wang Changli, has won endorsement for the deal from the municipal government of Beijing, where the company is based, the people said. The Beijing municipal government also did not respond.