AstroNova, Inc. (NASDAQ:ALOT) Short Interest Update

AstroNova, Inc. (NASDAQ:ALOT - Get Free Report) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 20,600 shares, a decrease of 12.0% from the March 31st total of 23,400 shares. Based on an average trading volume of 11,700 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.4% of the company's shares are short sold.

Insider Activity at AstroNova

In related news, VP Stephen M. Petrarca sold 5,000 shares of the firm's stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of $17.79, for a total value of $88,950.00. Following the completion of the sale, the vice president now owns 27,784 shares of the company's stock, valued at $494,277.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 17.70% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on AstroNova in a research report on Monday, January 15th. They set a "strong-buy" rating for the company.

AstroNova Stock Up 0.4 %

Shares of NASDAQ:ALOT traded up $0.07 on Friday, hitting $17.50. 3,909 shares of the company traded hands, compared to its average volume of 11,704. AstroNova has a 52 week low of $11.79 and a 52 week high of $18.83. The company has a quick ratio of 1.02, a current ratio of 2.58 and a debt-to-equity ratio of 0.11. The stock has a 50 day simple moving average of $17.42 and a 200-day simple moving average of $16.09. The company has a market cap of $135.45 million, a PE ratio of 28.23 and a beta of 0.62.

AstroNova (NASDAQ:ALOT - Get Free Report) last released its quarterly earnings data on Friday, March 22nd. The business services provider reported $0.33 EPS for the quarter. The company had revenue of $39.59 million during the quarter. AstroNova had a return on equity of 8.28% and a net margin of 3.17%.

AstroNova Company Profile

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).