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Autoscope Technologies (NASDAQ:AATC) Trading 0.3% Higher

Financial News Live ·  Jan 21, 2023 10:02

Autoscope Technologies Co. (NASDAQ:AATC – Get Rating) shares shot up 0.3% during trading on Thursday . The stock traded as high as $4.01 and last traded at $4.00. 40,984 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 68,440 shares. The stock had previously closed at $3.99.

Autoscope Technologies Price Performance

The business has a 50-day moving average of $4.39 and a 200 day moving average of $4.68. The firm has a market capitalization of $21.74 million, a P/E ratio of 44.67 and a beta of 0.90. The company has a current ratio of 6.97, a quick ratio of 5.35 and a debt-to-equity ratio of 0.09.

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Autoscope Technologies (NASDAQ:AATC – Get Rating) last issued its earnings results on Wednesday, November 16th. The company reported $0.12 earnings per share for the quarter. Autoscope Technologies had a return on equity of 2.80% and a net margin of 4.48%. The company had revenue of $3.16 million for the quarter.

Autoscope Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 5th. Stockholders of record on Monday, November 28th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 11.94%. The ex-dividend date of this dividend was Friday, November 25th. Autoscope Technologies's dividend payout ratio is currently 533.39%.

Insider Transactions at Autoscope Technologies

In related news, Director Joseph Patrick Daly purchased 13,000 shares of the business's stock in a transaction on Monday, November 21st. The stock was acquired at an average price of $4.81 per share, for a total transaction of $62,530.00. Following the purchase, the director now owns 165,428 shares of the company's stock, valued at $795,708.68. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders acquired a total of 22,161 shares of company stock valued at $107,403 over the last three months. Corporate insiders own 21.60% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AATC. Ridgewood Investments LLC bought a new position in shares of Autoscope Technologies in the second quarter valued at approximately $83,000. LPL Financial LLC bought a new position in Autoscope Technologies in the 2nd quarter valued at $201,000. Dimensional Fund Advisors LP grew its position in Autoscope Technologies by 6.0% during the third quarter. Dimensional Fund Advisors LP now owns 68,184 shares of the company's stock valued at $310,000 after buying an additional 3,847 shares during the period. Finally, Koss Olinger Consulting LLC increased its holdings in Autoscope Technologies by 39.6% during the third quarter. Koss Olinger Consulting LLC now owns 29,000 shares of the company's stock worth $132,000 after buying an additional 8,220 shares during the last quarter. 15.18% of the stock is owned by institutional investors.

Autoscope Technologies Company Profile

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Autoscope Technologies Corporation develops and markets video and radar processing products for use in intersection control, highway, bridge and tunnel traffic management, and traffic data collection applications in the Asia Pacific, Europe, the Middle East, and North America. It operates in two segments, Intersection and Highway.

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