Extremely significant positive changes in AstroNova Inc (NASDAQ: ALOT) investment behavior have recently occurred: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
AstroNova Inc (NASDAQ: ALOT) has recently enjoyed small positive changes in fundamentals: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
AstroNova has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AstroNova has a slightly negative Appreciation Score of 35 and a poor Power Rating of 21, producing the Lowest Value Trend Rating.
Recent Price Action
AstroNova Inc (NASDAQ: ALOT) stock closed at $15.63 on 12/4/24 after a large increase of 3.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 1817% of normal. The stock has risen 5.2% during the last week but has been weak relative to the market over the last nine months.
Be the first to comment