Napco Security Technologies (NASDAQ:NSSC) Rating Lowered to Buy at BidaskClub

Share on StockTwits

Napco Security Technologies (NASDAQ:NSSC) was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday, July 28th.

Separately, ValuEngine upgraded shares of Napco Security Technologies from a “hold” rating to a “buy” rating in a report on Monday, June 18th.

NSSC traded down $0.20 during trading on Friday, hitting $14.50. The stock had a trading volume of 73,587 shares, compared to its average volume of 49,733. The company has a market capitalization of $276.07 million, a PE ratio of 37.82 and a beta of 0.42. Napco Security Technologies has a 12 month low of $7.60 and a 12 month high of $17.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.76 and a quick ratio of 2.77.

A number of institutional investors and hedge funds have recently made changes to their positions in NSSC. BlackRock Inc. increased its holdings in shares of Napco Security Technologies by 10.1% during the 2nd quarter. BlackRock Inc. now owns 960,565 shares of the industrial products company’s stock worth $14,073,000 after purchasing an additional 88,196 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Napco Security Technologies by 0.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 946,785 shares of the industrial products company’s stock worth $13,870,000 after purchasing an additional 5,314 shares during the period. Wasatch Advisors Inc. increased its holdings in shares of Napco Security Technologies by 3.1% during the 2nd quarter. Wasatch Advisors Inc. now owns 726,659 shares of the industrial products company’s stock worth $10,646,000 after purchasing an additional 21,950 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Napco Security Technologies by 11.1% during the 4th quarter. Renaissance Technologies LLC now owns 283,400 shares of the industrial products company’s stock worth $2,480,000 after purchasing an additional 28,325 shares during the period. Finally, Teton Advisors Inc. increased its holdings in shares of Napco Security Technologies by 2.1% during the 1st quarter. Teton Advisors Inc. now owns 276,551 shares of the industrial products company’s stock worth $3,236,000 after purchasing an additional 5,794 shares during the period. Hedge funds and other institutional investors own 33.36% of the company’s stock.

About Napco Security Technologies

Napco Security Technologies, Inc manufactures and sells security products and software worldwide. The company offers access control systems, door security products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications.

Further Reading: What kind of dividend yield to CEF’s pay?

Receive News & Ratings for Napco Security Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Napco Security Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.