|Bid||19.62 x 1200|
|Ask||19.64 x 1200|
|Day's Range||19.51 - 19.85|
|52 Week Range||10.93 - 21.24|
|Beta (5Y Monthly)||0.93|
|PE Ratio (TTM)||17.10|
|Earnings Date||Nov 10, 2021 - Nov 15, 2021|
|Forward Dividend & Yield||0.20 (1.02%)|
|Ex-Dividend Date||Oct 21, 2020|
|1y Target Est||21.98|
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HollySys Automation Technologies Ltd. (NASDAQ: HOLI) ("HollySys" or the "Company"), a leading provider of automation and control technologies and applications in China, today provided an update on the litigation filed by Mr. Baiqing Shao and Ace Lead Profits Limited ("Ace Lead") against the Company in the Eastern Caribbean Supreme Court, Territory of the British Virgin Islands (the "Court").
The number of robotics and automation companies has increased dramatically in recent decades as corporations seek to produce goods and services more efficiently, often replacing more expensive human employees in the process. Examples of companies that offer robotics solutions and products include Cognex Corp. (CGNX), Cadence Design Systems Inc. (CDNS), and U.K.-based Blue Prism Group PLC (PRSM). Robot and automation stocks, as represented by the ROBO Global Robotics and Automation Index ETF (ROBO), have outperformed the broader market.
HollySys Automation Technologies Ltd. (NASDAQ: HOLI) ("HollySys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced that the Company's Board of Directors (the "Board") has received from Superior Emerald (Cayman) Limited, a company controlled by Ascendent Capital Partners, and Mr. Changli Wang, the founder of the Company who retired from the Company in 2013 with honor (collectively, the "Emerald Consortium"), a notification advi