Sono-Tek Corporation (NASDAQ:SOTK - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.78 and traded as low as $3.51. Sono-Tek shares last traded at $3.52, with a volume of 7,839 shares traded.
Wall Street Analyst Weigh In
Several research firms have issued reports on SOTK. Northland Securities reiterated a "market perform" rating on shares of Sono-Tek in a research note on Thursday, May 29th. Northland Capmk downgraded shares of Sono-Tek from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 29th.
View Our Latest Research Report on SOTK
Sono-Tek Stock Performance
The business's 50 day moving average price is $3.71 and its 200 day moving average price is $3.76. The firm has a market cap of $53.01 million, a price-to-earnings ratio of 37.45 and a beta of -0.06.
Sono-Tek (NASDAQ:SOTK - Get Free Report) last issued its quarterly earnings results on Thursday, July 10th. The industrial products company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.01. Sono-Tek had a net margin of 6.93% and a return on equity of 8.10%. The firm had revenue of $5,121 billion for the quarter, compared to analyst estimates of $5.24 million. During the same period last year, the company posted $0.02 EPS. Sell-side analysts anticipate that Sono-Tek Corporation will post 0.07 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Sono-Tek
A hedge fund recently raised its position in Sono-Tek stock. Northern Trust Corp raised its holdings in shares of Sono-Tek Corporation (NASDAQ:SOTK - Free Report) by 58.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,081 shares of the industrial products company's stock after acquiring an additional 15,212 shares during the quarter. Northern Trust Corp owned approximately 0.26% of Sono-Tek worth $165,000 as of its most recent filing with the SEC. Institutional investors own 47.89% of the company's stock.
Sono-Tek Company Profile
(
Get Free Report)
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.
See Also
Before you consider Sono-Tek, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sono-Tek wasn't on the list.
While Sono-Tek currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access