AstroNova, Inc. (NASDAQ:ALOT) Short Interest Down 19.5% in October

AstroNova, Inc. (NASDAQ:ALOT - Get Free Report) saw a significant decrease in short interest in October. As of October 15th, there was short interest totalling 24,800 shares, a decrease of 19.5% from the September 30th total of 30,800 shares. Based on an average daily volume of 12,300 shares, the short-interest ratio is currently 2.0 days. Approximately 0.4% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, StockNews.com raised shares of AstroNova from a "buy" rating to a "strong-buy" rating in a report on Thursday, October 10th.

Institutional Trading of AstroNova

A hedge fund recently bought a new stake in AstroNova stock. O Shaughnessy Asset Management LLC purchased a new stake in AstroNova, Inc. (NASDAQ:ALOT - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 11,543 shares of the business services provider's stock, valued at approximately $206,000. O Shaughnessy Asset Management LLC owned about 0.15% of AstroNova at the end of the most recent reporting period. 43.02% of the stock is owned by institutional investors.

AstroNova Trading Down 1.7 %

Shares of AstroNova stock traded down $0.24 on Monday, hitting $14.21. 13,793 shares of the company's stock traded hands, compared to its average volume of 12,490. The firm's 50-day moving average price is $14.18 and its two-hundred day moving average price is $15.41. 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 capitalization of $106.77 million, a PE ratio of 21.53 and a beta of 0.55. AstroNova has a one year low of $12.54 and a one year high of $18.83.

AstroNova (NASDAQ:ALOT - Get Free Report) last issued its quarterly earnings data on Monday, September 16th. The business services provider reported $0.08 earnings per share (EPS) for the quarter. AstroNova had a net margin of 4.20% and a return on equity of 7.77%. The firm had revenue of $40.54 million during the quarter.

AstroNova Company Profile

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).