Investors are a little more bearish on shares of Perceptron, Inc. if you take a look at the increase in short interest. The company experienced a rise in short interest of 11.51% as of August 31, 2017 from the last reporting period. Short interest increased from 62,469 to 69,659 over that period. Days to cover decreased from 4.0 to 4.0 and the percentage of shorted shares is 0.01% as of August 31.
These funds have shifted positions in (PRCP). As of the end of the quarter Ancora Advisors, LLC had bought a total of 2,000 shares growing its position 3.0%. The value of the company’s investment in Perceptron, Inc. decreased from $552,000 to $497,000 a change of 10.0% quarter to quarter. Moab Capital Partners LLC expanded its position by buying 9,088 shares an increase of 1.4% from 03/31/2017 to 06/30/2017. Moab Capital Partners LLC owns 647,107 shares worth $4,711,000. The total value of its holdings decreased 11.5%.
Blackrock Inc. reduced its stake by selling 27,832 shares a decrease of 95.2% as of 06/30/2017. Blackrock Inc. now controls 1,394 shares valued at $10,000. The value of the position overall is down by 95.9%. As of quarter end Renaissance Technologies LLC had disposed of 3,700 shares trimming its stake by 0.7%. The value in dollars went from $4,414,000 to $3,826,000 a change of $588,000 for the reporting period.
The company is trading up by 0.13%% since yesterday’s close of 7.86. Shares last traded at $7.87 marginally over $7.32, the 50 day moving average and which is marginally over the 200 day moving average of $7.72. The 50 day moving average was up $0.55 and the 200 day average went up by +1.92%.
In the latest earnings report the EPS was $-0.02 and is projected to be $0.41 for the current year with 9,441,000 shares now outstanding. Analysts expect next quarter’s EPS will be $0.15 with next year’s EPS projected to be $0.59.
Perceptron, Inc. (Perceptron), launched on September 10, 1981, develops, produces and sells a range of automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection and three-dimensional (3D) scanning. The Business’s products include 3D machine vision solutions, robot guidance, coordinate measuring machines (CMMs), laser scanning and advanced analysis software. The Business’s products are categorized as In-Line, Near-Line and Off-Line Measurement Solutions (Measurement Solutions); 3D Scanning Solutions, and Value Added Services. The Company operates in the Americas, Europe and Asia..