Newest Filing: Sono Tek Corp Has Another Bullish Trade, Emancipation Management Llc Bought Stake!

Newest Filing: Sono Tek Corp Has Another Bullish Trade, Emancipation Management Llc Bought Stake!

The New Emancipation Management Llc Holding in Sono Tek Corp

Emancipation Management Llc filed with the SEC SC 13G/A form for Sono Tek Corp. The form can be accessed here: 000108514616004445. As reported in Emancipation Management Llc’s form, the filler as of late owns 27.3% or 4,077,435 shares of the -company.

Sono Tek Corp stake is a new one for the and it was filed because of activity on September 30, 2016. We feel this shows Emancipation Management Llc’s positive view for the stock.

Business Profile

Sono-Tek Corporation is engaged in the development, manufacture and sale of ultrasonic liquid atomizing nozzles. The Company utilizes its technology, ultrasonic spray coating, to provide customized coating solutions to a range of manufacturing companies, enabling to develop new products. The Company operates through two segments: ultrasonic spray coating systems, which is in the business of developing, manufacturing, selling, installing and servicing ultrasonic spray coating equipment, and real estate operations, which is in the business of owning and operating the Sono-Tek Industrial Park. The Company offers its products to a range of markets, including electronics, advanced energy (solar and fuel cells), medical device, glass, textiles and foods. The Company serves electronics industry in approximately two sectors, printed circuit board (PCB) manufacturing and semiconductor manufacturing. It offers products, such as SonoFlux 2000F, SelectaFlux, MediCoat I, Medicoat II and WideTrack.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Analysts await Sono-Tek Corporation (OTCMKTS:SOTK) to report earnings on October, 12.

The stock closed at $1.09 during the last session. It is down 3.81% since March 8, 2016 and is uptrending. It has underperformed by 5.51% the S&P500.

Sono-Tek Corporation is engaged in the development, manufacture and sale of ultrasonic liquid atomizing nozzles. The company has a market cap of $16.31 million. The Firm utilizes its technology, ultrasonic spray coating, to provide customized coating solutions to a range of manufacturing companies, enabling to develop new products. It has a 36.47 P/E ratio. The Firm operates through two divisions: ultrasonic spray coating systems, which is in the business of developing, manufacturing, selling, installing and servicing ultrasonic spray coating equipment, and real estate operations, which is in the business of owning and operating the Sono-Tek Industrial Park.

More notable recent Sono-Tek Corporation (OTCMKTS:SOTK) news were published by: Prnewswire.com which released: “Food Safety and Clean Label Enhanced by New Ultrasonic Spray Coater” on September 26, 2013, also Wsj.com with their article: “The Cost of Expanding Overseas” published on February 27, 2014, Businesswire.com published: “Global Hydrophilic Coating Market Worth USD 12.77 Billion by 2021 – Growing …” on August 15, 2016. More interesting news about Sono-Tek Corporation (OTCMKTS:SOTK) were released by: Businesswire.com and their article: “Global Medical Device Coatings Market Analysis & Trends 2013-2016 – Industry …” published on March 29, 2016 as well as Businesswire.com‘s news article titled: “Antimicrobial Coatings Forecast (2015-2020) – Key Players are AkzoNobel, BASF …” with publication date: March 30, 2016.

According to Zacks Investment Research, “SONO-TEK CORP. is engaged in the manufacture, development, assembly and sale of ultrasonic liquid atomizing units consisting of a nozzle based on patented technology, and an electrical power supply unit and related hardware that atomizes low-to-medium viscosity liquids used in industrial spraying.”

SOTK Company Profile

Sono-Tek Corporation, incorporated on March 21, 1975, is engaged in the development, manufacture and sale of ultrasonic liquid atomizing nozzles. The Firm utilizes its technology, ultrasonic spray coating, to provide customized coating solutions to a range of manufacturing companies, enabling to develop new products. The Firm operates through two divisions: ultrasonic spray coating systems, which is in the business of developing, manufacturing, selling, installing and servicing ultrasonic spray coating equipment, and real estate operations, which is in the business of owning and operating the Sono-Tek Industrial Park. The Firm offers its products to a range of markets, including electronics, advanced energy (solar and fuel cells), medical device, glass, textiles and foods. The Firm serves electronics industry in approximately two sectors, printed circuit board (PCB) manufacturing and semiconductor manufacturing.

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