ALOT Stock Summary and Trading Ideas (Astronova | NASDAQ:ALOT)

AstroNova Inc designs, develops, manufactures, and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate technologies to acquire, store, analyze, and present data in multiple formats sold under the QuickLabel, TrojanLabel and GetLabels brand names. Its target markets for hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging, and transportation. It has two segments, Product Identification (PI) and Test & Measurement (T&M). It generates the majority of its revenue from the PI segment that includes specialty printing systems and related supplies.

Astronova trades on the NASDAQ stock market under the symbol ALOT.

As of April 22, 2024, ALOT stock price climbed to $17.87 with 43,467 million shares trading.

ALOT has a market cap of $138.37 million. This is considered a Micro Cap stock.

In the last 3 years, ALOT stock traded as high as $18.83 and as low as $10.97.

The top ETF exchange traded funds that ALOT belongs to (by Net Assets): VTI, VXF, DFAT, IWC, DFAS.

ALOT has underperformed the market in the last year with a return of +20.1%, while the SPY ETF gained +22.9%. In the last 3 month period, ALOT fell short of the market, returning -0.7%, while SPY returned +3.7%. However, in the most recent 2 weeks ALOT has outperformed the stock market by returning +0.3%, while SPY returned -3.7%.

ALOT support price is $16.68 and resistance is $17.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALOT stock will trade within this expected range on the day.