Could AstroNova, Inc. (ALOT) Skyrocket Even More? The Stock Just Made Record High

April 21, 2018 - By Winifred Garcia

AstroNova, Inc. (NASDAQ:ALOT) Logo

Investors sentiment increased to 1.56 in 2017 Q4. 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.
Punch And Associates Incorporated owns 349,220 shares for 0.42% of their portfolio. Moreover, Sei Invs has 0% invested in AstroNova, Inc. (NASDAQ:ALOT). Grace & White Incorporated Ny holds 0.29% or 105,386 shares. Morgan Stanley has invested 0% of its portfolio in AstroNova, Inc. (NASDAQ:ALOT). North Star reported 97,450 shares. Blackrock owns 16,365 shares or 0% of their US portfolio. Deutsche Fincl Bank Ag owns 10,387 shares. Girard Prtn Limited accumulated 11,197 shares. Spark Invest Management holds 13,000 shares. Prudential stated it has 11,200 shares or 0% of all its holdings. Savings Bank Of America De has invested 0% of its portfolio in AstroNova, Inc. (NASDAQ:ALOT). 10,879 are held by Shufro Rose And Com Ltd. 238,952 were accumulated by Kennedy Mgmt. Granite Inv Partners Lc holds 0.05% or 60,048 shares. Rutabaga Capital Mgmt Ltd Ma owns 259,070 shares.

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

The stock of AstroNova, Inc. (NASDAQ:ALOT) reached all time high today, Apr, 21 and still has $19.17 target or 8.00 % above today’s $17.75 share price. This indicates more upside for the $120.69 million company. This technical setup was reported by If the $19.17 PT is reached, the company will be worth $9.65M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.28% or $0.05 during the last trading session, reaching $17.75. About 32,790 shares traded or 12.56% up from the average. AstroNova, Inc. (NASDAQ:ALOT) has risen 4.32% since April 21, 2017 and is uptrending. It has underperformed by 7.23% the S&P500.

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 $120.69 million. The firm operates in two divisions, Product Identification and Test & Measurement. It has a 37.77 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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