StockNews.com downgraded shares of AstroNova (NASDAQ:ALOT – Free Report) from a strong-buy rating to a buy rating in a report released on Wednesday morning.
AstroNova Trading Up 0.3 %
Shares of AstroNova stock opened at $14.89 on Wednesday. AstroNova has a 1 year low of $11.79 and a 1 year high of $18.83. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.10 and a current ratio of 3.07. The company has a market capitalization of $111.88 million, a P/E ratio of 22.56 and a beta of 0.55. The company’s fifty day moving average is $14.65 and its two-hundred day moving average is $16.20.
Institutional Trading of AstroNova
A hedge fund recently raised its stake in AstroNova stock. Vanguard Group Inc. lifted its stake in AstroNova, Inc. (NASDAQ:ALOT – Free Report) by 0.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 349,546 shares of the business services provider’s stock after purchasing an additional 2,700 shares during the period. Vanguard Group Inc. owned approximately 4.67% of AstroNova worth $6,229,000 as of its most recent SEC filing. Institutional investors and hedge funds own 43.02% of the company’s stock.
About AstroNova
AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates in two segments, Product Identification (PI) and Test & Measurement (T&M).
Read More
- Five stocks we like better than AstroNova
- Investing in the High PE Growth Stocks
- Powering Your Portfolio: The Utility Sector’s Electrifying Surge
- Consumer Staples Stocks, Explained
- Adobe Stock Builds Long-Term Value: Consider Buying on the Dip
- When to Sell a Stock for Profit or Loss
- Albemarle Jumps as Lithium Stock Buying Frenzy Takes Off
Receive News & Ratings for AstroNova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AstroNova and related companies with MarketBeat.com's FREE daily email newsletter.