Napco Security Technologies (NSSC) Upgraded at BidaskClub
Napco Security Technologies (NASDAQ:NSSC) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.
Separately, ValuEngine raised Napco Security Technologies from a “hold” rating to a “buy” rating in a report on Monday, June 18th.
Shares of NSSC stock opened at $14.80 on Friday. Napco Security Technologies has a 1-year low of $7.90 and a 1-year high of $17.45. The stock has a market cap of $278.16 million, a P/E ratio of 35.36 and a beta of 0.35.
A number of hedge funds and other institutional investors have recently modified their holdings of NSSC. Rhumbline Advisers acquired a new stake in Napco Security Technologies in the second quarter worth about $149,000. Raymond James Financial Services Advisors Inc. acquired a new stake in Napco Security Technologies in the second quarter worth about $212,000. Cambridge Investment Research Advisors Inc. acquired a new stake in Napco Security Technologies in the first quarter worth about $240,000. North Star Investment Management Corp. acquired a new stake in Napco Security Technologies in the second quarter worth about $1,279,000. Finally, Renaissance Technologies LLC boosted its holdings in Napco Security Technologies by 3.5% in the second quarter. Renaissance Technologies LLC now owns 263,500 shares of the industrial products company’s stock worth $3,860,000 after acquiring an additional 8,800 shares in the last quarter. 32.65% of the stock is owned by institutional investors and hedge funds.
About Napco Security Technologies
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.
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