NAPCO Security Technologies, In (NASDAQ:NSSC) Experiences Lighter than Average Trading Volume


(NASDAQ:NSSC) shares saw light trading volume with 1,393 shares changing hands by the end of trading on Friday. Volume was down 96.12% under the stocks average daily volume.

Traders are more bearish on the company if you take into consideration the change in short interest. The company saw a rise in short interest of 1.82% as of August 31, 2017 from the last reporting period. Short shares grew 12,201 over that period. With short interest at 683,883 and short average daily volume at 33,161, days to cover is 21.0 and the percentage of shorted shares was 0.04% on August 31.

These funds have shifted positions in (NSSC). As of the end of the quarter Eam Investors, LLC had disposed of 5,543 shares trimming its stake by 9.4%. The value of the company’s investment in NAPCO Security Technologies, In went from $598,000 to $499,000 a change of $99,000 quarter over quarter. As of quarter end Teton Advisors, Inc. had bought a total of 1,000 shares growing its position 0.4%. The value of the investment in NSSC decreased from $2,581,000 to $2,388,000 decreasing 7.5% for the reporting period.

As of the end of the quarter Ubs Group Ag had bought a total of 2 shares growing its holdings by 0.2%. The value of the investment in (NSSC) decreased from $8,000 to $8,000 a change of 0.0% quarter to quarter. Taylor Wealth Management Partners bolstered its investment by buying 194,300 shares an increase of 507.0% in the quarter. Taylor Wealth Management Partners claims 232,625 shares valued at $2,187,000. The total value of its holdings increased 459.3%.

The company is so far trading up by 1.51% percent from yesterday’s close. Company shares are trading at $10.10 which is well above the 50 day moving average of $8.93 and which is just over the 200 day moving average of $9.43. The 50 day moving average was up $1.17 or +13.08% and the 200 day average went up $0.67 or +7.08%.

NAPCO Security Technologies, In’s P/E ratio is 33.89 and market capitalization is 190.34M. As of the latest earnings report the EPS was $0.30 and is expected to be $0.42 for the current year with 18,846,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.07 and the next full year EPS is projected to be $0.57.

NAPCO Security Technologies, Inc. (NAPCO), launched on December 3, 1971, is a manufacturer of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products for commercial and residential use. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold across the world principally to independent distributors, dealers and installers of security equipment..