Napco Security Technologies (NASDAQ:NSSC) Stock Crosses Below 200-Day Moving Average - What's Next?

Napco Security Technologies, Inc. (NASDAQ:NSSC - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $43.32 and traded as low as $32.96. Napco Security Technologies shares last traded at $33.41, with a volume of 249,389 shares.

Analyst Upgrades and Downgrades

NSSC has been the topic of several analyst reports. DA Davidson cut their price objective on shares of Napco Security Technologies from $55.00 to $48.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Lake Street Capital dropped their target price on shares of Napco Security Technologies from $60.00 to $41.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. StockNews.com upgraded Napco Security Technologies from a "sell" rating to a "hold" rating in a research report on Tuesday, December 3rd. Craig Hallum dropped their price objective on Napco Security Technologies from $65.00 to $48.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. Finally, TD Cowen reduced their target price on Napco Security Technologies from $60.00 to $46.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $47.14.

Napco Security Technologies Stock Performance

The company has a fifty day moving average price of $37.19 and a two-hundred day moving average price of $43.20. The company has a market cap of $1.24 billion, a P/E ratio of 24.88 and a beta of 1.65.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.05). Napco Security Technologies had a net margin of 26.43% and a return on equity of 29.56%. The company had revenue of $44.00 million during the quarter, compared to analyst estimates of $46.56 million. During the same period in the previous year, the company posted $0.28 EPS. The company's quarterly revenue was up 5.5% compared to the same quarter last year. Research analysts anticipate that Napco Security Technologies, Inc. will post 1.49 EPS for the current year.

Napco Security Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 12th were issued a $0.125 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.48%. Napco Security Technologies's payout ratio is 36.76%.

Hedge Funds Weigh In On Napco Security Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of NSSC. State Street Corp lifted its position in shares of Napco Security Technologies by 2.2% in the third quarter. State Street Corp now owns 783,327 shares of the industrial products company's stock valued at $31,790,000 after buying an additional 16,931 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in Napco Security Technologies in the 3rd quarter valued at $2,644,000. XTX Topco Ltd acquired a new stake in Napco Security Technologies during the 3rd quarter valued at $672,000. Barclays PLC boosted its position in Napco Security Technologies by 266.0% during the third quarter. Barclays PLC now owns 62,085 shares of the industrial products company's stock worth $2,511,000 after purchasing an additional 45,122 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Napco Security Technologies by 35.6% in the second quarter. Envestnet Asset Management Inc. now owns 385,354 shares of the industrial products company's stock valued at $20,019,000 after purchasing an additional 101,182 shares during the last quarter. Institutional investors own 85.07% of the company's stock.

Napco Security Technologies Company Profile

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.