Symbolic Logic, Inc. (NASDAQ:EVOL – Get Rating) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.53 and traded as high as $1.60. Symbolic Logic shares last traded at $1.57, with a volume of 9,172 shares changing hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on shares of Symbolic Logic in a report on Friday. They issued a "buy" rating for the company.
Get Symbolic Logic alerts:Symbolic Logic Stock Up 1.3 %
The company has a market capitalization of $19.36 million, a PE ratio of 26.17 and a beta of 1.34. The business's 50 day simple moving average is $1.49 and its 200 day simple moving average is $1.53.
Institutional Trading of Symbolic Logic
A hedge fund recently bought a new stake in Symbolic Logic stock. Advisor Group Holdings Inc. acquired a new stake in shares of Symbolic Logic, Inc. (NASDAQ:EVOL – Get Rating) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 23,600 shares of the technology company's stock, valued at approximately $53,000. Advisor Group Holdings Inc. owned approximately 0.19% of Symbolic Logic at the end of the most recent quarter. 87.58% of the stock is owned by institutional investors.About Symbolic Logic
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Symbolic Logic, Inc, a research and development organization, focuses on developing proprietary algorithms that model and predict behaviour of dynamic systems. It is also developing a set of tools and technologies for applying symbolic content to physical objects to catalog to track real-world objects.
Further Reading
- Get a free copy of the StockNews.com research report on Symbolic Logic (EVOL)
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