Senstar Technologies (NASDAQ:SNT) Share Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Senstar Technologies Ltd. (NASDAQ:SNT) has seen its share price rise above the 200-day moving average, trading at $4.57 after hitting a high of $4.60.
• The company reported a net margin of 13.49% and an EPS of $0.05 for the last quarter, marking an increase from $0.02 EPS in the same quarter the previous year.
• Institutional investors have started investing in Senstar Technologies, with Hillsdale Investment Management acquiring approximately 44,601 shares valued at around $211,000.

Senstar Technologies Ltd. (NASDAQ:SNT - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.92 and traded as high as $4.60. Senstar Technologies shares last traded at $4.57, with a volume of 28,913 shares.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Senstar Technologies to a "hold" rating in a report on Saturday, July 12th.

Senstar Technologies Stock Performance

The company has a market capitalization of $106.62 million, a PE ratio of 20.77 and a beta of 1.87. The firm's 50-day simple moving average is $4.46 and its 200 day simple moving average is $3.92.

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

Institutional Investors Weigh In On Senstar Technologies

An institutional investor recently bought a new position in Senstar Technologies stock. Hillsdale Investment Management Inc. acquired a new position in shares of Senstar Technologies Ltd. (NASDAQ:SNT - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 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 Securities & Exchange Commission. 20.75% of the stock is currently owned by institutional investors and hedge funds.

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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