AstroNova, Inc. (NASDAQ:ALOT) Short Interest Update

AstroNova, Inc. (NASDAQ:ALOT) saw a significant decline in short interest in November. As of November 30th, there was short interest totalling 19,500 shares, a decline of 8.9% from the November 15th total of 21,400 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 16,200 shares, the short-interest ratio is currently 1.2 days.

AstroNova Stock Performance

AstroNova stock opened at $14.14 on Monday. AstroNova has a fifty-two week low of $11.82 and a fifty-two week high of $18.83. The firm’s fifty day moving average price is $14.38 and its 200-day moving average price is $14.68. The stock has a market cap of $106.35 million, a P/E ratio of 28.28 and a beta of 0.61. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.73 and a current ratio of 1.87.

AstroNova (NASDAQ:ALOT) last issued its quarterly earnings results on Thursday, December 12th. The business services provider reported $0.06 earnings per share (EPS) for the quarter. AstroNova had a return on equity of 7.77% and a net margin of 4.20%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered AstroNova from a “strong-buy” rating to a “buy” rating in a report on Thursday.

Institutional Trading of AstroNova

Several hedge funds and other institutional investors have recently bought and sold shares of ALOT. Geode Capital Management LLC grew its stake in shares of AstroNova by 10.5% during the third quarter. Geode Capital Management LLC now owns 69,309 shares of the business services provider’s stock valued at $933,000 after buying an additional 6,592 shares during the last quarter. Diamond Hill Capital Management Inc. lifted its stake in shares of AstroNova by 23.6% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 68,000 shares of the business services provider’s stock valued at $915,000 after acquiring an additional 13,000 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in AstroNova by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 349,546 shares of the business services provider’s stock valued at $6,229,000 after acquiring an additional 2,700 shares during the period. Hedge funds and other institutional investors own 43.02% of the company’s stock.

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).