Harman International Industries & Google Finance

Harman International Industries, now a subsidiary of Samsung Electronics, was a prominent player in the audio and infotainment industry. While Harman’s stock is no longer traded publicly following its acquisition, historical financial data and news related to the company can still be found through resources like Google Finance.

Understanding Historical Data

Google Finance can provide a snapshot of Harman’s historical stock performance before its acquisition. This includes:

• Daily Stock Prices: Track the opening, closing, high, and low prices of Harman shares (HAR) for past trading days.
• Trading Volume: Analyze the number of shares traded, offering insights into market interest and activity.
• Historical Charts: Visualize Harman’s stock price movements over various timeframes, from days to years. These charts can reveal trends, volatility, and significant events that impacted the stock.

Key Financial Metrics

Even though the stock is no longer actively traded, Google Finance might retain access to some key financial data reported by Harman as a public company. These metrics could include:

• Revenue: Understanding Harman’s historical sales figures provides context to its market position and growth trajectory.
• Net Income: Assessing profitability before and after the acquisition sheds light on its financial health.
• Earnings Per Share (EPS): A crucial indicator of profitability on a per-share basis.
• Key Ratios: Such as Price-to-Earnings (P/E) ratio (though now historical), which provided valuation insights relative to its earnings.

News and Related Information

Google Finance often aggregates news articles and press releases related to companies. For Harman, this could include:

• Acquisition News: Articles related to Samsung’s acquisition of Harman, including the deal terms and strategic rationale.
• Past Company Announcements: Press releases from Harman regarding earnings reports, product launches, and other corporate events.
• Industry News: Articles that provide context about the broader audio and infotainment industry during Harman’s time as a publicly traded company.

Limitations

It’s important to acknowledge the limitations when using Google Finance for Harman:

• No Active Trading: Harman shares are no longer publicly traded, so you cannot buy or sell them.
• Historical Data Only: The information available is limited to the period before the acquisition. Real-time data and current market conditions are irrelevant.
• Data Completeness: The availability of specific financial data on Google Finance might vary.

Conclusion

While Harman International is no longer a publicly traded entity, Google Finance can still be a valuable resource for accessing historical stock data, financial information, and related news. This information can be useful for research, analysis, or simply understanding the company’s performance before its acquisition by Samsung.