AstroNova, Inc. (NASDAQ:ALOT – Get Free Report) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 5,500 shares, a decrease of 44.4% from the July 15th total of 9,900 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 12,900 shares, the days-to-cover ratio is currently 0.4 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in AstroNova stock. O Shaughnessy Asset Management LLC acquired a new stake in shares of AstroNova, Inc. (NASDAQ:ALOT – Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 11,543 shares of the business services provider’s stock, valued at approximately $206,000. O Shaughnessy Asset Management LLC owned approximately 0.15% of AstroNova as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 43.02% of the company’s stock.
AstroNova Trading Down 1.7 %
Shares of AstroNova stock traded down $0.24 on Friday, reaching $13.97. The company had a trading volume of 11,365 shares, compared to its average volume of 11,924. The firm has a market cap of $104.97 million, a price-to-earnings ratio of 21.17 and a beta of 0.61. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.07 and a quick ratio of 1.10. The firm’s 50-day moving average price is $14.90 and its two-hundred day moving average price is $16.60. AstroNova has a 1 year low of $11.79 and a 1 year high of $18.83.
Wall Street Analyst Weigh In
Separately, StockNews.com raised AstroNova from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 6th.
Check Out Our Latest Report on ALOT
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).
Featured Articles
- Five stocks we like better than AstroNova
- What is the Nikkei 225 index?
- JD.com Earnings Surprise: China’s Outlook Better Than Expected
- What is a Special Dividend?
- Warren Buffett’s Recent Stock Moves: Top Buys and Sells to Watch
- Where Do I Find 52-Week Highs and Lows?
- Sea Limited’s E-Commerce and Fintech Strength Fuel Stock Surge
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.