BidaskClub upgraded shares of Napco Security Technologies (NASDAQ:NSSC) from a buy rating to a strong-buy rating in a report issued on Tuesday, July 30th, BidAskClub reports.

Other equities analysts also recently issued reports about the stock. Zacks Investment Research raised shares of Napco Security Technologies from a hold rating to a buy rating and set a $31.00 price target for the company in a research note on Thursday, May 9th. Lake Street Capital assumed coverage on shares of Napco Security Technologies in a report on Tuesday, June 11th. They issued a buy rating and a $35.00 price objective on the stock. Imperial Capital assumed coverage on shares of Napco Security Technologies in a report on Friday, June 21st. They issued an outperform rating and a $36.00 price objective on the stock. Canaccord Genuity restated a buy rating and issued a $32.00 price objective (up previously from $24.00) on shares of Napco Security Technologies in a report on Tuesday, May 7th. Finally, ValuEngine upgraded shares of Napco Security Technologies from a buy rating to a strong-buy rating in a report on Tuesday, July 2nd. One analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Napco Security Technologies presently has an average rating of Buy and a consensus target price of $29.86.

Shares of NASDAQ:NSSC traded up $0.41 during midday trading on Tuesday, hitting $33.90. 155,178 shares of the stock traded hands, compared to its average volume of 147,167. Napco Security Technologies has a one year low of $12.90 and a one year high of $34.91. The stock has a market capitalization of $586.02 million, a PE ratio of 82.68 and a beta of 0.64. The business’s 50 day moving average is $28.29 and its two-hundred day moving average is $25.25.

READ  Wednesday US briefing: Flynn 'sold country out', says federal judge - The Guardian

Institutional investors and hedge funds have recently bought and sold shares of the stock. Denali Advisors LLC grew its stake in shares of Napco Security Technologies by 581.5% in the 2nd quarter. Denali Advisors LLC now owns 1,070 shares of the industrial products company’s stock worth $32,000 after buying an additional 913 shares in the last quarter. Bank of Montreal Can grew its stake in shares of Napco Security Technologies by 249.5% in the 2nd quarter. Bank of Montreal Can now owns 1,552 shares of the industrial products company’s stock worth $46,000 after buying an additional 1,108 shares in the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of Napco Security Technologies by 62,175.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,491 shares of the industrial products company’s stock worth $52,000 after buying an additional 2,487 shares in the last quarter. Advantage Investment Management LLC grew its stake in shares of Napco Security Technologies by 24.9% in the 2nd quarter. Advantage Investment Management LLC now owns 2,845 shares of the industrial products company’s stock worth $84,000 after buying an additional 568 shares in the last quarter. Finally, Metropolitan Life Insurance Co NY purchased a new position in shares of Napco Security Technologies in the 1st quarter worth $84,000. 41.15% of the stock is owned by institutional investors.

Napco Security Technologies Company Profile

Napco Security Technologies, Inc manufactures and sells security products and software worldwide. The company offers access control systems, door security products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications.

READ  New Pentagon Tech Unlocks Smartphone Based on Your Gait - Futurism

Featured Article: What is a Real Estate Investment Trust (REIT)?



Receive News & Ratings for Napco Security Technologies Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Napco Security Technologies and related companies with MarketBeat.com’s FREE daily email newsletter.



READ SOURCE

WHAT YOUR THOUGHTS

Please enter your comment!
Please enter your name here