Harbin Electric, Inc. designs, develops and manufactures linear motors and special electric motors. With proprietary technology and core patents, the Company builds a wide array of customized linear motors and other special motor for a variety of applications and industries. The Company currently designs and supplies its motor products and systems to numerous end users throughout the Chinese domestic market, as well as, to other industrial OEM customers overseas. Industry applications for linear motors include oilfield services, conveyor systems, factory automation, packaging equipment, as well as mass transportation systems. The Company is based in Harbin, China along with its wholly owned subsidiaries. Harbin Electric Inc. has a market cap of $568.17 million; its shares were traded at around $19.98 with a P/E ratio of 15.73 and P/S ratio of 4.7.
Insiders' Positions with HRBN
- Sell:: CFO Zedong Xu sold 852 shares of HRBN stock on 11/23/2009 at the average price of 21, the price of the stock has decreased by 4.86% since
Insiders' Positions with HRBN
- Sell:: Director David Gatton sold 23,000 shares of HRBN stock on 11/13/2009 at the average price of 20.14, the price of the stock has decreased by 0.79% since
- Sell:: Director Lanxiang Gao sold 9,147 shares of HRBN stock on 11/13/2009 at the average price of 20.36, the price of the stock has decreased by 1.87% since
- Sell:: Director Ching Chuen Chan sold 25,000 shares of HRBN stock on 11/12/2009 at the average price of 20.83, the price of the stock has decreased by 4.08% since
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