HLLY
Holley Inc. News
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"title": "Holley unveils Bluetooth module for Sniper 2 EFI system By Investing.com",
"description": "Holley unveils Bluetooth module for Sniper 2 EFI system",
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"snippet": "BOWLING GREEN, Ky. - Holley Performance Brands (NYSE: HLLY), known for its automotive aftermarket performance solutions, has introduced a Bluetooth module for i...",
"url": "https://www.investing.com/news/company-news/holley-unveils-bluetooth-module-for-sniper-2-efi-system-93CH-3407078",
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"published_at": "2024-04-30T15:04:11.000000Z",
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"highlight": ". - <em>Holley</em> Performance Brands (<em>NYSE</em>: <em>HLLY</em>), known for its automotive aftermarket performance solutions, has introduced a Bluetooth module for its Sniper 2 Electronic Fuel Injection (EFI) conversion system.",
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"highlight": "Matthew Stevenson, President and CEO of <em>Holley</em> Performance Brands, emphasized the significance of the Bluetooth module, stating that it puts control of the vehicle's horsepower directly into the user's hand. The company's latest innovation is in line with its commitment to exceeding customer expectations through new technology.",
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"highlight": "<em>Holley</em> Performance Brands has established itself in the automotive industry by focusing on four consumer verticals: Domestic Muscle, Modern Truck & Off-Road, Euro & Import, and Safety & Racing.",
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"highlight": "See disclosureor\n\nThis news is based on a press release statement from <em>Holley</em> Performance Brands.\n\nInvestingPro Insights\n\nAs <em>Holley</em> Performance Brands (<em>NYSE</em>: <em>HLLY</em>) continues to innovate with products like the Bluetooth module for the Sniper 2 EFI system, investors are keeping a close eye on the company's financial health and market performance.",
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"highlight": "According to real-time data from InvestingPro, <em>Holley</em> has a market capitalization of $478.85 million, reflecting the company's current market value. The firm's P/E ratio stands at 24.75, indicating how much investors are willing to pay for each dollar of earnings, which is relatively high when considering the near-term earnings growth.",
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"highlight": "One of the InvestingPro Tips suggests that while <em>Holley</em> has been trading at a high P/E ratio, it is essential to note that analysts predict the company will be profitable this year.",
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"highlight": "Moreover, <em>Holley</em> has demonstrated a high return over the last year with a 68.05% price total return, showcasing its strong market performance.",
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"highlight": "There are currently 7 additional InvestingPro Tips available for <em>Holley</em> Performance Brands, which can be accessed at: https://www.investing.com/pro/<em>HLLY</em>.\n\nhere or remove ads . 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosureor\n\nThis article was generated with the support of AI and reviewed by an editor.",
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Other details
Exchange
- New York Stock Exchange
- equity
- Consumer Cyclical
- us