AstroNova, Inc. (ALOT) Can’t Burn Your Long Portfolio. Just Reaches 52-Week High

May 17, 2018 - By Ruby Caswell

AstroNova, Inc. (NASDAQ:ALOT) Logo

Investors sentiment increased to 1.56 in Q4 2017. Its up 0.76, from 0.8 in 2017Q3. It increased, as 2 investors sold AstroNova, Inc. shares while 7 reduced holdings. 4 funds opened positions while 10 raised stakes. 3.71 million shares or 0.93% more from 3.68 million shares in 2017Q3 were reported.
Geode Mngmt accumulated 0% or 91,679 shares. Shufro Rose Limited Liability has invested 0.01% in AstroNova, Inc. (NASDAQ:ALOT). Prudential Inc invested in 0% or 11,200 shares. Royal Retail Bank Of Canada has invested 0% of its portfolio in AstroNova, Inc. (NASDAQ:ALOT). Spark Invest Mgmt Ltd Company stated it has 0.01% of its portfolio in AstroNova, Inc. (NASDAQ:ALOT). Sei Investments holds 0% in AstroNova, Inc. (NASDAQ:ALOT) or 250 shares. Punch & Associate has 0.42% invested in AstroNova, Inc. (NASDAQ:ALOT) for 349,220 shares. Girard Prtnrs Limited, a Pennsylvania-based fund reported 11,197 shares. Albert D Mason Inc stated it has 14,567 shares. Granite Prns Limited Co stated it has 0.05% of its portfolio in AstroNova, Inc. (NASDAQ:ALOT). Wells Fargo & Mn invested 0% in AstroNova, Inc. (NASDAQ:ALOT). California Public Employees Retirement System invested in 0% or 19,382 shares. Tower Rech Cap Llc (Trc) accumulated 352 shares or 0% of the stock. Wellington Mngmt Gp Incorporated Llp invested in 0% or 279,497 shares. Commercial Bank Of America Corp De reported 0% in AstroNova, Inc. (NASDAQ:ALOT).

Since December 18, 2017, it had 0 buys, and 1 sale for $70,290 activity.

The stock of AstroNova, Inc. (NASDAQ:ALOT) hit a new 52-week high and has $20.14 target or 6.00 % above today’s $19.00 share price. The 7 months bullish chart indicates low risk for the $129.35M company. The 1-year high was reported on May, 17 by Barchart.com. If the $20.14 price target is reached, the company will be worth $7.76M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 2.81% or $0.55 during the last trading session, reaching $19. About 105 shares traded. AstroNova, Inc. (NASDAQ:ALOT) has risen 4.32% since May 17, 2017 and is uptrending. It has underperformed by 7.23% the S&P500.

More recent AstroNova, Inc. (NASDAQ:ALOT) news were published by: Businesswire.com which released: “AstroNova to Present at East Coast IDEAS Investor Conference” on April 25, 2018. Also Seekingalpha.com published the news titled: “AstroNova Holds An 8% Upside” on May 04, 2018. Businesswire.com‘s news article titled: “AstroNova Receives FAA Supplemental Type Certificate to Retrofit Boeing 737NG Aircraft with ToughWriter® 5 Flight …” with publication date: April 23, 2018 was also an interesting one.

AstroNova, Inc. designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Canada, and Western Europe. The company has market cap of $129.35 million. The firm operates in two divisions, Product Identification and Test & Measurement. It has a 40.43 P/E ratio. The Product Identification segment offers digital color label printers and specialty OEM printing systems; and consumables, such as labels, tags, inks, toner, and thermal transfer ribbons, as well as software used to design and print labels under the QuickLabel brand.

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