Shares of Sono-Tek Co. (NASDAQ:SOTK - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.03 and traded as low as $3.72. Sono-Tek shares last traded at $3.97, with a volume of 11,277 shares.
Sono-Tek Trading Up 0.8%
The firm has a market cap of $62.53 million, a PE ratio of 56.71 and a beta of -0.02. The stock has a 50 day simple moving average of $3.73 and a 200-day simple moving average of $4.03.
Institutional Investors Weigh In On Sono-Tek
Institutional investors have recently bought and sold shares of the business. Northern Trust Corp increased its stake in Sono-Tek by 58.8% in the 4th quarter. Northern Trust Corp now owns 41,081 shares of the industrial products company's stock worth $165,000 after buying an additional 15,212 shares in the last quarter. Bard Associates Inc. boosted its holdings in shares of Sono-Tek by 5.6% during the 4th quarter. Bard Associates Inc. now owns 56,431 shares of the industrial products company's stock valued at $226,000 after purchasing an additional 3,006 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC bought a new position in shares of Sono-Tek during the 4th quarter valued at about $3,101,000. Hedge funds and other institutional investors own 47.89% of the company's stock.
About Sono-Tek
(
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.
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