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AstroNova (NASDAQ:ALOT) Shares Cross Above Two Hundred Day Moving Average - Here's What Happened
AstroNova (NASDAQ:ALOT) shares recently rose above their 200-day moving average, trading at $9.51 with a roughly 2% intraday gain. Despite this, analysts maintain a consensus “Sell” rating, with Weiss Ratings reaffirming a “sell (d)” on January 21st. The company reported quarterly EPS of $0.20 on $39.17 million in revenue but still has a negative net margin and P/E ratio.