Equities research analysts at StockNews.com started coverage on shares of AstroNova (NASDAQ:ALOT - Get Free Report) in a note issued to investors on Thursday. The firm set a "buy" rating on the business services provider's stock.
AstroNova Stock Performance
Shares of ALOT stock traded down $0.09 during mid-day trading on Thursday, reaching $11.80. The stock had a trading volume of 1,989 shares, compared to its average volume of 6,335. The firm's 50 day simple moving average is $12.50 and its 200 day simple moving average is $13.62. The company has a quick ratio of 0.77, a current ratio of 1.83 and a debt-to-equity ratio of 0.23. AstroNova has a one year low of $11.00 and a one year high of $18.25. The firm has a market cap of $88.84 million, a PE ratio of 23.60 and a beta of 0.66.
AstroNova (NASDAQ:ALOT - Get Free Report) last announced its quarterly earnings data on Thursday, December 12th. The business services provider reported $0.06 EPS for the quarter. AstroNova had a return on equity of 5.21% and a net margin of 2.49%.
Hedge Funds Weigh In On AstroNova
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC lifted its position in shares of AstroNova by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 70,535 shares of the business services provider's stock worth $847,000 after buying an additional 1,226 shares during the period. Northern Trust Corp lifted its position in shares of AstroNova by 14.6% during the 4th quarter. Northern Trust Corp now owns 65,359 shares of the business services provider's stock worth $785,000 after buying an additional 8,314 shares during the period. Diamond Hill Capital Management Inc. lifted its position in shares of AstroNova by 23.6% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 68,000 shares of the business services provider's stock worth $915,000 after buying an additional 13,000 shares during the period. Finally, Peapod Lane Capital LLC acquired a new stake in AstroNova during the 4th quarter valued at $1,536,000. Institutional investors own 43.02% of the company's stock.
AstroNova Company Profile
(
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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