Perceptron, Inc. (NASDAQ:PRCP) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.98 and traded as high as $4.70. Perceptron shares last traded at $4.70, with a volume of 3,334 shares.

PRCP has been the topic of several analyst reports. B. Riley set a $10.00 price target on shares of Perceptron and gave the stock a “buy” rating in a report on Monday, May 13th. ValuEngine lowered shares of Perceptron from a “sell” rating to a “strong sell” rating in a report on Friday, May 10th. TheStreet lowered shares of Perceptron from a “c” rating to a “d+” rating in a report on Thursday, June 13th. Finally, Zacks Investment Research raised shares of Perceptron from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 16th.

The stock has a market capitalization of $40.88 million, a PE ratio of 11.53 and a beta of 0.98. The business’s fifty day moving average price is $4.28 and its two-hundred day moving average price is $5.98.

In other Perceptron news, Director John F. Bryant bought 482,991 shares of the firm’s stock in a transaction that occurred on Thursday, June 13th. The stock was bought at an average cost of $4.75 per share, for a total transaction of $2,294,207.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have bought 489,991 shares of company stock worth $2,325,227 over the last three months. Corporate insiders own 12.51% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of PRCP. Jacobs Levy Equity Management Inc. acquired a new position in shares of Perceptron during the 2nd quarter worth about $45,000. Quantum Capital Management grew its stake in Perceptron by 3.1% during 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 acquiring an additional 4,314 shares in the last quarter. Penbrook Management LLC grew its stake in Perceptron by 8.7% during 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 acquiring an additional 13,950 shares in the last quarter. Renaissance Technologies LLC grew its stake in Perceptron by 2.3% during the 2nd quarter. Renaissance Technologies LLC now owns 613,130 shares of the scientific and technical instruments company’s stock valued at $2,728,000 after acquiring an additional 13,531 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. grew its stake in Perceptron by 3.4% during 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 acquiring an additional 19,060 shares in the last quarter. Institutional investors own 69.19% 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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