Senstar Technologies (NASDAQ:SNT) Share Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• Senstar Technologies' stock price has risen above its 200-day moving average, reaching a high of $4.98 before closing at $4.81.
• Wall Street analysts have upgraded Senstar Technologies to a "hold" rating and reported a quarterly earnings growth, with EPS increasing from $0.02 to $0.05.
• Institutional investors, such as Hillsdale Investment Management Inc., are showing interest by acquiring new stakes in Senstar Technologies, indicating a growing confidence in the company's performance.

Senstar Technologies Ltd. (NASDAQ:SNT - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.04 and traded as high as $4.98. Senstar Technologies shares last traded at $4.81, with a volume of 29,351 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Senstar Technologies to a "hold" rating in a research note on Saturday, July 12th.

Senstar Technologies Stock Performance

The firm's 50-day moving average is $4.44 and its two-hundred day moving average is $4.04. The stock has a market cap of $112.22 million, a P/E ratio of 21.86 and a beta of 2.04.

Senstar Technologies (NASDAQ:SNT - Get Free Report) last posted its quarterly earnings data on Monday, August 25th. The industrial products company reported $0.05 earnings per share for the quarter. Senstar Technologies had a net margin of 13.49% and a return on equity of 13.44%. The firm had revenue of $9.65 million during the quarter. During the same quarter last year, the firm earned $0.02 EPS.

Institutional Trading of Senstar Technologies

An institutional investor recently bought a new position in Senstar Technologies stock. Hillsdale Investment Management Inc. bought a new stake in shares of Senstar Technologies Ltd. (NASDAQ:SNT - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 44,601 shares of the industrial products company's stock, valued at approximately $211,000. Hillsdale Investment Management Inc. owned about 0.19% of Senstar Technologies as of its most recent filing with the SEC. Hedge funds and other institutional investors own 20.75% of the company's stock.

Senstar Technologies Company Profile

Senstar Technologies Corporation provides physical, video, and access control security products and solutions worldwide. It offers solutions for critical sites, which leverage its portfolio of perimeter intrusion detection systems, and video management software with intelligent video analytics security solutions, as well as access control products and technologies.

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