AstroNova (NASDAQ:ALOT) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of AstroNova (NASDAQ:ALOT) from a buy rating to a strong-buy rating in a report released on Thursday morning.

AstroNova Stock Down 0.6 %

Shares of ALOT stock opened at $14.10 on Thursday. AstroNova has a twelve month low of $11.79 and a twelve month high of $18.83. The stock has a market cap of $105.95 million, a P/E ratio of 21.36 and a beta of 0.55. The stock has a 50 day moving average of $14.62 and a 200 day moving average of $16.07. The company has a current ratio of 3.07, a quick ratio of 1.10 and a debt-to-equity ratio of 0.10.

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) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,543 shares of the business services provider’s stock, valued at approximately $206,000. O Shaughnessy Asset Management LLC owned 0.15% of AstroNova as of its most recent filing with the Securities & Exchange Commission. 43.02% of the stock is owned by institutional investors and hedge funds.

AstroNova Company Profile

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).