Symbolic Logic, Inc. (NASDAQ:EVOL – Get Rating)'s stock price 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 trading hands.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of Symbolic Logic in a report on Friday. They issued a "buy" rating on the stock.
Get Symbolic Logic alerts:Symbolic Logic Stock Down 4.5 %
The company's 50 day moving average is $1.49 and its 200 day moving average is $1.53. The firm has a market capitalization of $18.50 million, a price-to-earnings ratio of 26.17 and a beta of 1.34.
Hedge Funds Weigh In On Symbolic Logic
An institutional investor recently bought a new position in Symbolic Logic stock. Kokino LLC acquired a new position in shares of Symbolic Logic, Inc. (NASDAQ:EVOL – Get Rating) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 982,108 shares of the technology company's stock, valued at approximately $2,200,000. Symbolic Logic accounts for 5.9% of Kokino LLC's investment portfolio, making the stock its 4th biggest holding. Kokino LLC owned 8.01% of Symbolic Logic at the end of the most recent reporting period. Institutional investors own 87.58% of the company's stock.Symbolic Logic Company Profile
(Get Rating)
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.
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