AstroNova, Inc. (NASDAQ:ALOT - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.24 and traded as low as $12.00. AstroNova shares last traded at $12.00, with a volume of 8,912 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com lowered AstroNova from a "strong-buy" rating to a "buy" rating in a research report on Thursday, December 12th.
Check Out Our Latest Stock Analysis on AstroNova
AstroNova Stock Up 0.6 %
The company has a debt-to-equity ratio of 0.25, a current ratio of 1.87 and a quick ratio of 0.73. The stock has a market cap of $90.88 million, a price-to-earnings ratio of 14.37 and a beta of 0.67. The business has a fifty day moving average of $13.94 and a 200 day moving average of $14.22.
AstroNova (NASDAQ:ALOT - Get Free Report) last announced its quarterly earnings results on Thursday, December 12th. The business services provider reported $0.06 EPS for the quarter. AstroNova had a net margin of 4.20% and a return on equity of 7.77%.
Institutional Trading of AstroNova
A hedge fund recently raised its stake in AstroNova stock. Diamond Hill Capital Management Inc. lifted its holdings in AstroNova, Inc. (NASDAQ:ALOT - Free Report) by 23.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 68,000 shares of the business services provider's stock after purchasing an additional 13,000 shares during the period. Diamond Hill Capital Management Inc. owned 0.90% of AstroNova worth $915,000 as of its most recent filing with the SEC. 43.02% of the stock is currently owned by hedge funds and other institutional investors.
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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