StockNews.com started coverage on shares of AstroNova (NASDAQ:ALOT - Free Report) in a research report report published on Sunday. The brokerage issued a buy rating on the business services provider's stock.
AstroNova Trading Up 5.1 %
Shares of ALOT stock traded up $0.52 during trading hours on Friday, hitting $10.72. The company had a trading volume of 34,438 shares, compared to its average volume of 8,843. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.83 and a quick ratio of 0.77. The stock has a market capitalization of $80.71 million, a PE ratio of 21.44 and a beta of 0.62. The company's fifty day moving average is $11.51 and its 200 day moving average is $13.21. AstroNova has a fifty-two week low of $9.70 and a fifty-two week high of $18.25.
AstroNova (NASDAQ:ALOT - Get Free Report) last posted its earnings results on Thursday, December 12th. The business services provider reported $0.06 earnings per share (EPS) for the quarter. AstroNova had a return on equity of 5.21% and a net margin of 2.49%.
Institutional Investors Weigh In On AstroNova
Large investors have recently bought and sold shares of the stock. Mink Brook Asset Management LLC acquired a new position in shares of AstroNova during the fourth quarter worth about $4,507,000. Peapod Lane Capital LLC acquired a new position in AstroNova during the 4th quarter worth approximately $1,536,000. Diamond Hill Capital Management Inc. grew its holdings in AstroNova by 22.9% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 83,544 shares of the business services provider's stock worth $1,003,000 after acquiring an additional 15,544 shares in the last quarter. Northern Trust Corp increased its position in shares of AstroNova by 14.6% in the 4th quarter. Northern Trust Corp now owns 65,359 shares of the business services provider's stock valued at $785,000 after purchasing an additional 8,314 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of AstroNova by 10.5% in the 3rd quarter. Geode Capital Management LLC now owns 69,309 shares of the business services provider's stock valued at $933,000 after purchasing an additional 6,592 shares in the last quarter. Hedge funds and other institutional investors own 43.02% of the company's stock.
About AstroNova
(
Get Free Report)
AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates in two segments, Product Identification (PI) and Test & Measurement (T&M).
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