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

AstroNova, Inc. (NASDAQ:ALOT) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 20,600 shares, a drop of 12.0% from the March 31st total of 23,400 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 11,700 shares, the short-interest ratio is presently 1.8 days.

Insider Activity at AstroNova

In other AstroNova news, VP Stephen M. Petrarca sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of $17.79, for a total transaction of $88,950.00. Following the completion of the sale, the vice president now directly owns 27,784 shares in the company, valued at $494,277.36. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 17.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on AstroNova in a report on Monday, January 15th. They issued a “strong-buy” rating for the company.

AstroNova Stock Performance

AstroNova stock opened at $17.45 on Tuesday. The firm has a market capitalization of $135.06 million, a PE ratio of 28.15 and a beta of 0.62. AstroNova has a one year low of $11.79 and a one year high of $18.83. The stock’s 50 day moving average price is $17.42 and its 200 day moving average price is $16.13. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.02 and a current ratio of 2.58.

AstroNova (NASDAQ:ALOT) last posted its quarterly earnings data on Friday, March 22nd. The business services provider reported $0.33 earnings per share (EPS) for the quarter. AstroNova had a net margin of 3.17% and a return on equity of 8.28%. The company had revenue of $39.59 million for the quarter.

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).