iRobot (NASDAQ:IRBT - Get Free Report)'s stock had its "hold" rating reissued by research analysts at Needham & Company LLC in a note issued to investors on Thursday,Benzinga reports.
Separately, StockNews.com downgraded iRobot from a "hold" rating to a "sell" rating in a report on Saturday, January 25th.
Read Our Latest Research Report on iRobot
iRobot Stock Performance
NASDAQ IRBT opened at $4.06 on Thursday. The firm has a market capitalization of $124.07 million, a P/E ratio of -0.88 and a beta of 0.87. The stock has a 50-day simple moving average of $8.40 and a two-hundred day simple moving average of $8.00. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.94 and a current ratio of 1.45. iRobot has a fifty-two week low of $3.63 and a fifty-two week high of $14.51.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. SBI Securities Co. Ltd. purchased a new position in shares of iRobot in the 4th quarter valued at about $59,000. SG Americas Securities LLC acquired a new stake in iRobot in the fourth quarter valued at approximately $97,000. Quest Partners LLC increased its position in shares of iRobot by 39.8% in the third quarter. Quest Partners LLC now owns 11,546 shares of the industrial products company's stock valued at $100,000 after buying an additional 3,285 shares in the last quarter. Intech Investment Management LLC acquired a new position in shares of iRobot during the 4th quarter worth approximately $108,000. Finally, Quarry LP lifted its position in shares of iRobot by 2,040.4% during the 4th quarter. Quarry LP now owns 13,934 shares of the industrial products company's stock valued at $108,000 after buying an additional 13,283 shares in the last quarter. Institutional investors and hedge funds own 77.42% of the company's stock.
iRobot Company Profile
(
Get Free Report)
iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and disposable mopping pads, replacement tanks, and batteries, as well as subscription services.
Further Reading
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