AstroNova (ALOT) Hits New 12-Month High at $25.94
AstroNova Inc (NASDAQ:ALOT)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $25.94 and last traded at $25.89, with a volume of 162 shares. The stock had previously closed at $25.73.
A number of research firms have recently issued reports on ALOT. ValuEngine cut AstroNova from a “buy” rating to a “hold” rating in a report on Monday, April 1st. Zacks Investment Research cut AstroNova from a “buy” rating to a “hold” rating in a report on Thursday, February 7th.
The company has a quick ratio of 1.32, a current ratio of 2.54 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $180.85 million, a PE ratio of 31.56, a PEG ratio of 2.25 and a beta of 0.21.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 28th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend was Wednesday, March 27th. AstroNova’s payout ratio is currently 34.15%.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in shares of AstroNova by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 46,934 shares of the business services provider’s stock worth $880,000 after purchasing an additional 930 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of AstroNova by 8.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 15,403 shares of the business services provider’s stock valued at $289,000 after acquiring an additional 1,175 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of AstroNova by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 566,023 shares of the business services provider’s stock valued at $10,613,000 after acquiring an additional 7,917 shares during the last quarter. Mesirow Financial Investment Management Inc. lifted its stake in shares of AstroNova by 46.8% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 25,670 shares of the business services provider’s stock valued at $523,000 after acquiring an additional 8,183 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of AstroNova by 9.6% in the 3rd quarter. Renaissance Technologies LLC now owns 218,600 shares of the business services provider’s stock valued at $4,722,000 after acquiring an additional 19,150 shares during the last quarter. Hedge funds and other institutional investors own 59.49% of the company’s stock.
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AstroNova Company Profile (NASDAQ:ALOT)
AstroNova, Inc designs, develops, manufactures, and sells specialty printers & data acquisition and analysis systems. It provides its services to aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation industries.
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