AstroNova (NASDAQ:ALOT) Rating Increased to Strong-Buy at StockNews.com

AstroNova (NASDAQ:ALOT) was upgraded by research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Thursday.

AstroNova Stock Down 0.6 %

Shares of AstroNova stock opened at $14.10 on Thursday. The business’s fifty day moving average price is $14.62 and its two-hundred day moving average price is $16.09. 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 company has a market capitalization of $105.95 million, a P/E ratio of 21.36 and a beta of 0.55. AstroNova has a 1-year low of $11.79 and a 1-year high of $18.83.

Institutional Trading of AstroNova

A hedge fund recently bought a new stake in AstroNova stock. O Shaughnessy Asset Management LLC acquired a new position in AstroNova, Inc. (NASDAQ:ALOT) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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 SEC. 43.02% of the stock is currently owned by institutional investors.

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).