StockNews.com began coverage on shares of Symbolic Logic (NASDAQ:EVOL – Get Rating) in a research report sent to investors on Friday. The firm issued a buy rating on the technology company's stock.
Symbolic Logic Trading Down 4.5 %
Shares of NASDAQ:EVOL opened at $1.50 on Friday. The stock's fifty day simple moving average is $1.49 and its two-hundred day simple moving average is $1.53. Symbolic Logic has a 1-year low of $0.84 and a 1-year high of $2.86. The stock has a market cap of $18.50 million, a PE ratio of 25.00 and a beta of 1.30.
Get Symbolic Logic alerts:Hedge Funds Weigh In On Symbolic Logic
A hedge fund recently bought a new stake in Symbolic Logic stock. Kokino LLC acquired a new stake in shares of Symbolic Logic, Inc. (NASDAQ:EVOL – Get Rating) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 982,108 shares of the technology company's stock, valued at approximately $2,200,000. Symbolic Logic makes up 5.9% of Kokino LLC's portfolio, making the stock its 4th largest position. Kokino LLC owned about 8.01% of Symbolic Logic as of its most recent SEC filing. Institutional investors own 87.58% of the company's stock.
About Symbolic Logic
(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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