Sono-Tek (NASDAQ:SOTK) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Sono-Tek Corporation (NASDAQ:SOTK)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $3.96 and traded as high as $4.19. Sono-Tek shares last traded at $4.13, with a volume of 38,030 shares.

Analyst Ratings Changes

Several research analysts recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Sono-Tek in a research report on Monday, December 29th. Zacks Research downgraded Sono-Tek from a “strong-buy” rating to a “hold” rating in a report on Monday, December 15th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Sono-Tek Stock Up 0.5%

The firm has a 50 day simple moving average of $3.96 and a 200-day simple moving average of $3.93. The stock has a market cap of $64.88 million, a P/E ratio of 41.30 and a beta of -0.30.

Sono-Tek (NASDAQ:SOTK) last issued its earnings results on Tuesday, January 13th. The industrial products company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). Sono-Tek had a return on equity of 8.54% and a net margin of 7.72%.The business had revenue of $5.00 million for the quarter, compared to the consensus estimate of $5.25 million. On average, equities analysts anticipate that Sono-Tek Corporation will post 0.07 earnings per share for the current year.

Institutional Investors Weigh In On Sono-Tek

An institutional investor recently raised its position in Sono-Tek stock. Dimensional Fund Advisors LP lifted its position in shares of Sono-Tek Corporation (NASDAQ:SOTK) by 29.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,773 shares of the industrial products company’s stock after buying an additional 4,305 shares during the quarter. Dimensional Fund Advisors LP owned about 0.12% of Sono-Tek worth $84,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 47.89% of the company’s stock.

Sono-Tek Company Profile

Sono-Tek Corporation is a specialized equipment manufacturer that designs, develops and sells ultrasonic spray coating systems for precision fluid delivery. The company’s core technology uses high-frequency ultrasonic vibrations to generate fine, uniform droplets that can be applied to a broad range of substrates with minimal waste and high accuracy. This method enables precise control over coating thickness, distribution and material usage, making it well suited to applications requiring micro-scale deposition and tight process tolerances.

The company’s product portfolio includes bench-top research and development stations, pilot-scale units and full production systems.