Sono-Tek Co. (NASDAQ:SOTK - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.01 and traded as low as $3.77. Sono-Tek shares last traded at $3.77, with a volume of 4,245 shares.
Sono-Tek Stock Performance
The business has a fifty day simple moving average of $3.77 and a 200 day simple moving average of $4.00. The stock has a market capitalization of $62.14 million, a price-to-earnings ratio of 56.36 and a beta of -0.02.
Institutional Trading of Sono-Tek
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Northern Trust Corp lifted its stake in shares of Sono-Tek by 58.8% in the 4th quarter. Northern Trust Corp now owns 41,081 shares of the industrial products company's stock valued at $165,000 after purchasing an additional 15,212 shares during the period. Bard Associates Inc. increased its stake in shares of Sono-Tek by 5.6% in the 4th quarter. Bard Associates Inc. now owns 56,431 shares of the industrial products company's stock valued at $226,000 after acquiring an additional 3,006 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of Sono-Tek during the 4th quarter valued at $3,101,000. 47.89% of the stock is currently owned by institutional investors and hedge funds.
Sono-Tek Company Profile
(
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Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company also designs and manufactures custom-engineered ultrasonic coating systems; and provides nozzles and generators for manufacturers' equipment.
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