Perceptron, Inc. (NASDAQ:PRCP) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.31 and traded as high as $3.98. Perceptron shares last traded at $3.98, with a volume of 70 shares.

Several analysts have issued reports on PRCP shares. Zacks Investment Research upgraded Golub Capital BDC from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Tuesday, July 16th. TheStreet upgraded SUMMIT THERAPEU/S from a “d” rating to a “c-” rating in a report on Thursday, June 13th. B. Riley set a $13.00 price objective on Audioeye and gave the stock a “buy” rating in a report on Monday, May 13th. Finally, ValuEngine downgraded Yext from a “strong-buy” rating to a “buy” rating in a report on Friday, May 10th.

The firm has a market cap of $37.41 million, a P/E ratio of 9.97 and a beta of 1.01. The company’s fifty day moving average price is $4.30.

Perceptron (NASDAQ:PRCP) last issued its earnings results on Thursday, May 9th. The scientific and technical instruments company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.13). The business had revenue of $15.63 million during the quarter, compared to analyst estimates of $18.40 million. Perceptron had a net margin of 2.61% and a return on equity of 3.45%. Sell-side analysts predict that Perceptron, Inc. will post 0.13 EPS for the current fiscal year.

In other Perceptron news, Director John F. Bryant bought 482,991 shares of the company’s stock in a transaction dated Thursday, June 13th. The shares were bought at an average price of $4.75 per share, for a total transaction of $2,294,207.25. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders bought a total of 489,991 shares of company stock worth $2,325,227 in the last quarter. 12.51% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently modified their holdings of the company. Quantum Capital Management increased its holdings in shares of Perceptron by 3.1% in the 1st quarter. Quantum Capital Management now owns 142,191 shares of the scientific and technical instruments company’s stock valued at $1,066,000 after purchasing an additional 4,314 shares during the period. Penbrook Management LLC increased its holdings in shares of Perceptron by 8.7% in the 1st quarter. Penbrook Management LLC now owns 173,993 shares of the scientific and technical instruments company’s stock valued at $1,305,000 after purchasing an additional 13,950 shares during the period. Finally, Punch & Associates Investment Management Inc. increased its holdings in shares of Perceptron by 3.4% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 585,644 shares of the scientific and technical instruments company’s stock valued at $4,392,000 after purchasing an additional 19,060 shares during the period. Institutional investors own 71.13% of the company’s stock.

Perceptron Company Profile (NASDAQ:PRCP)

Perceptron, Inc develops, produces, and sells various automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection, and 3D scanning in Europe, Asia, and the Americas. It provides various in-line and near-line measurement solutions, including AutoGauge, AutoGauge ACF, AutoGuide, and Helix evo engineered metrology systems for industrial automated process control and assembly using fixed and robot mounted laser scanners; and offline measurement solutions comprising Coord3 and TouchDMIS for industrial gauging and dimensional inspection using standalone robot mounted laser scanners and coordinate measuring machines.

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