Senstar Technologies (NASDAQ:SNT) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Senstar Technologies Ltd. (NASDAQ:SNT) crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $1.56 and traded as high as $2.1599. Senstar Technologies shares last traded at $1.90, with a volume of 6,200,408 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Senstar Technologies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, October 2nd. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Senstar Technologies Price Performance

The stock has a market cap of $44.33 million, a price-to-earnings ratio of 38.00 and a beta of 2.31. The firm’s 50-day moving average is $1.56 and its 200 day moving average is $2.42.

Senstar Technologies (NASDAQ:SNT) last announced its quarterly earnings results on Friday, November 6th. The industrial products company reported $0.07 earnings per share for the quarter. Senstar Technologies had a net margin of 1.34% and a return on equity of 1.16%. The company had revenue of $13.06 million for the quarter.

Hedge Funds Weigh In On Senstar Technologies

A number of large investors have recently modified their holdings of the company. Grace & White Inc. NY grew its holdings in shares of Senstar Technologies by 3.7% during the 3rd quarter. Grace & White Inc. NY now owns 792,019 shares of the industrial products company’s stock worth $1,283,000 after purchasing an additional 27,956 shares during the period. Janney Montgomery Scott LLC increased its position in Senstar Technologies by 3.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 168,385 shares of the industrial products company’s stock worth $510,000 after purchasing an additional 5,509 shares in the last quarter. Finally, Two Sigma Securities LLC purchased a new position in Senstar Technologies in the second quarter valued at approximately $33,000. 20.75% of the stock is currently owned by hedge funds and other institutional investors.

Senstar Technologies Company Profile

Senstar Technologies Ltd. (NASDAQ: SNT) is a security technology company that develops and supplies solutions designed to protect critical infrastructure, industrial facilities, government sites and other high-security environments. Its offerings are intended to help organizations detect, assess and respond to physical security threats across perimeter and site operations.

The company’s product portfolio includes perimeter intrusion detection systems, intelligent video surveillance and management software, security management platforms, access control solutions and related security sensors.