StockNews.com initiated coverage on shares of Symbolic Logic (NASDAQ:EVOL – Get Rating) in a research note released on Saturday. The firm issued a buy rating on the technology company's stock.

Symbolic Logic Stock Performance

NASDAQ:EVOL opened at $1.50 on Friday. Symbolic Logic has a 1 year low of $0.84 and a 1 year high of $2.86. The firm's fifty day simple moving average is $1.49 and its 200 day simple moving average is $1.51. The firm has a market capitalization of $18.50 million, a PE ratio of 25.00 and a beta of 1.30.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Symbolic Logic stock. Advisor Group Holdings Inc. bought a new stake in Symbolic Logic, Inc. (NASDAQ:EVOL – Get Rating) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 23,600 shares of the technology company's stock, valued at approximately $53,000. Advisor Group Holdings Inc. owned about 0.19% of Symbolic Logic at the end of the most recent quarter. 87.58% of the stock is owned by institutional investors.

Symbolic Logic Company Profile

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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