Peapod Lane Capital LLC Makes New Investment in AstroNova, Inc. (NASDAQ:ALOT)

Peapod Lane Capital LLC bought a new position in shares of AstroNova, Inc. (NASDAQ:ALOT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 127,920 shares of the business services provider's stock, valued at approximately $1,536,000. AstroNova comprises 1.5% of Peapod Lane Capital LLC's portfolio, making the stock its 28th largest position. Peapod Lane Capital LLC owned 1.70% of AstroNova at the end of the most recent quarter.

Separately, Geode Capital Management LLC increased its stake in shares of AstroNova by 10.5% in the third quarter. Geode Capital Management LLC now owns 69,309 shares of the business services provider's stock worth $933,000 after purchasing an additional 6,592 shares during the period. 43.02% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of AstroNova in a research report on Thursday. They set a "buy" rating on the stock.

AstroNova Stock Performance

AstroNova stock traded down $0.09 on Monday, hitting $11.80. The company's stock had a trading volume of 1,989 shares, compared to its average volume of 6,335. The firm has a market cap of $88.85 million, a P/E ratio of 23.60 and a beta of 0.66. The company has a fifty day moving average price of $12.50 and a 200-day moving average price of $13.62. AstroNova, Inc. has a one year low of $11.00 and a one year high of $18.25. 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 (NASDAQ:ALOT - Get Free Report) last announced its quarterly earnings results on Thursday, December 12th. The business services provider reported $0.06 earnings per share for the quarter. AstroNova had a return on equity of 5.21% and a net margin of 2.49%.

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).