Equities research analysts at StockNews.com began coverage on shares of AstroNova (NASDAQ:ALOT – Get Rating) in a research note issued on Sunday. The firm set a "strong-buy" rating on the business services provider's stock.
AstroNova Trading Down 1.6 %
Shares of ALOT stock opened at $12.25 on Friday. AstroNova has a 1 year low of $10.97 and a 1 year high of $18.52. The firm's fifty day simple moving average is $12.20 and its 200 day simple moving average is $12.88. The firm has a market capitalization of $90.00 million, a P/E ratio of -612.50 and a beta of 0.67. The company has a current ratio of 3.00, a quick ratio of 1.15 and a debt-to-equity ratio of 0.10.
Get AstroNova alerts:Hedge Funds Weigh In On AstroNova
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. State Street Corp increased its position in AstroNova by 13.4% during the second quarter. State Street Corp now owns 21,413 shares of the business services provider's stock worth $257,000 after acquiring an additional 2,524 shares during the period. Rutabaga Capital Management LLC MA boosted its stake in AstroNova by 0.6% during the second quarter. Rutabaga Capital Management LLC MA now owns 181,723 shares of the business services provider's stock worth $2,177,000 after buying an additional 1,100 shares in the last quarter. Grace & White Inc. NY boosted its stake in AstroNova by 7.4% during the second quarter. Grace & White Inc. NY now owns 136,049 shares of the business services provider's stock worth $1,630,000 after buying an additional 9,381 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in AstroNova by 0.6% during the first quarter. Dimensional Fund Advisors LP now owns 543,927 shares of the business services provider's stock worth $8,251,000 after buying an additional 3,388 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its stake in AstroNova by 50.0% during the first quarter. Diamond Hill Capital Management Inc. now owns 40,157 shares of the business services provider's stock worth $609,000 after buying an additional 13,381 shares in the last quarter. Institutional investors own 46.27% of the company's stock.
AstroNova Company Profile
(Get Rating)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).
Further Reading
- Get a free copy of the StockNews.com research report on AstroNova (ALOT)
- Oracle's Short-Term Pain Could Be Your Long-Term Gain
- Lucid is Looking Like a Clear EV Winner
- Still Lovin' It: Investors Keep Visiting McDonald's
- Did FedEx Just Deliver A Buying Opportunity?
- Autozone Shifts Back Into Rally-Mode, New Highs Are In Sight
Receive News & Ratings for AstroNova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AstroNova and related companies with MarketBeat.com's FREE daily email newsletter.