AstroNova (NASDAQ:ALOT) issued its quarterly earnings data on Monday. The business services provider reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07, MarketWatch Earnings reports. AstroNova had a return on equity of 1.95% and a net margin of 1.26%.
Shares of ALOT stock opened at $15.01 on Wednesday. The company has a current ratio of 3.77, a quick ratio of 1.86 and a debt-to-equity ratio of 0.18. The stock has a market cap of $108.54 million, a P/E ratio of 75.05, a price-to-earnings-growth ratio of 3.17 and a beta of 0.78. The stock has a 50 day simple moving average of $15.34 and a 200 day simple moving average of $14.80. AstroNova has a 1 year low of $7.07 and a 1 year high of $18.05.
A hedge fund recently raised its stake in AstroNova stock. Morgan Stanley lifted its stake in AstroNova, Inc. (NASDAQ:ALOT) by 39.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,152 shares of the business services provider’s stock after buying an additional 1,750 shares during the period. Morgan Stanley owned approximately 0.09% of AstroNova worth $86,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 50.30% of the company’s stock.
AstroNova, Inc engages in the design, development, manufacture, and distribution of specialty printers and data acquisition and analysis systems. It operates through the Product Identification (PI) and Test and Measurement (T&M) segments. The PI segment offers digital label printers, over-printers, labeling software, spare parts, service contracts, and related printing supplies such as pressure sensitive labels, tags, inks, toners, and thermal transfer ribbons used in product identification digital printers.
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