AstroNova, Inc. (NASDAQ:ALOT - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.20 and traded as high as $11.89. AstroNova shares last traded at $11.55, with a volume of 4,311 shares traded.
Wall Street Analyst Weigh In
Separately, Wall Street Zen started coverage on shares of AstroNova in a research report on Tuesday, May 20th. They set a "buy" rating on the stock.
View Our Latest Analysis on ALOT
AstroNova Stock Performance
The stock has a fifty day simple moving average of $9.64 and a two-hundred day simple moving average of $10.20. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.61 and a current ratio of 1.67. The stock has a market cap of $87.78 million, a price-to-earnings ratio of -5.42 and a beta of 0.75.
AstroNova (NASDAQ:ALOT - Get Free Report) last released its earnings results on Thursday, June 5th. The business services provider reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $37.71 million for the quarter. AstroNova had a positive return on equity of 2.21% and a negative net margin of 10.28%.
Insider Activity at AstroNova
In related news, Director Richard S. Warzala acquired 20,000 shares of the company's stock in a transaction that occurred on Thursday, April 17th. The stock was acquired at an average price of $8.07 per share, with a total value of $161,400.00. Following the purchase, the director directly owned 60,385 shares in the company, valued at approximately $487,306.95. This trade represents a 49.52% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Mitchell I. Quain bought 10,000 shares of the firm's stock in a transaction on Tuesday, June 17th. The shares were bought at an average cost of $9.05 per share, for a total transaction of $90,500.00. Following the purchase, the director owned 97,719 shares of the company's stock, valued at approximately $884,356.95. The trade was a 11.40% increase in their position. The disclosure for this purchase can be found here. Insiders own 17.70% of the company's stock.
Institutional Trading of AstroNova
A number of hedge funds have recently made changes to their positions in the company. Diamond Hill Capital Management Inc. boosted its position in AstroNova by 22.9% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 83,544 shares of the business services provider's stock worth $1,003,000 after buying an additional 15,544 shares during the period. Geode Capital Management LLC lifted its holdings in shares of AstroNova by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 70,535 shares of the business services provider's stock worth $847,000 after purchasing an additional 1,226 shares during the period. Northern Trust Corp lifted its holdings in shares of AstroNova by 14.6% during the fourth quarter. Northern Trust Corp now owns 65,359 shares of the business services provider's stock worth $785,000 after purchasing an additional 8,314 shares during the period. Bridgeway Capital Management LLC grew its stake in shares of AstroNova by 7.0% in the fourth quarter. Bridgeway Capital Management LLC now owns 39,274 shares of the business services provider's stock worth $472,000 after purchasing an additional 2,574 shares during the last quarter. Finally, Mink Brook Asset Management LLC acquired a new stake in AstroNova in the fourth quarter valued at $4,507,000. 43.02% of the stock is owned by institutional investors and hedge funds.
About AstroNova
(
Get Free Report)
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
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