Stock of the Day: What Next for Napco Security Technologies Inc Stock After Reaching 52-Week High?

Stock of the Day: What Next for Napco Security Technologies Inc Stock After Reaching 52 Week High?

The stock of Napco Security Technologies Inc (NASDAQ:NSSC) hit a new 52-week high and has $8.19 target or 3.00% above today’s $7.95 share price. The 7 months bullish chart indicates low risk for the $156.80M company. The 1-year high was reported on Dec, 1 by Barchart.com. If the $8.19 price target is reached, the company will be worth $4.70 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock decreased 7.02% or $0.6 on December 1, hitting $7.95. About 51,754 shares traded hands or 114.05% up from the average. Napco Security Technologies Inc (NASDAQ:NSSC) has risen 46.66% since April 28, 2016 and is uptrending. It has outperformed by 40.73% the S&P500.

Analysts await Napco Security Technologies Inc (NASDAQ:NSSC) to report earnings on February, 6.

According to Zacks Investment Research, “NAPCO SECURITY SYSTEMS is engaged in the development, manufacture, distribution and sale of security alarm products and door security devices for commercial and residential installations.”

Insitutional Activity: The institutional sentiment increased to 3.67 in 2016 Q2. Its up 2.67, from 1 in 2016Q1. The ratio increased, as 2 funds sold all Napco Security Technologies Inc shares owned while 5 reduced positions. 2 funds bought stakes while 5 increased positions. They now own 3.49 million shares or 0.02% less from 3.49 million shares in 2016Q1.
Blackrock Fund holds 32,539 shares or 0% of its portfolio. Nationwide Fund Advsrs has 0% invested in the company for 1,850 shares. Price T Rowe Assoc Md has 15,515 shares for 0% of their US portfolio. Teton Advsr Incorporated, a New York-based fund reported 207,211 shares. Tower Rech Cap Limited Com (Trc), a New York-based fund reported 100 shares. Envestnet Asset Management last reported 0% of its portfolio in the stock. State Bank Of America Corp De holds 37 shares or 0% of its portfolio. Tortoise Inv Mngmt Llc holds 282 shares or 0% of its portfolio. Commercial Bank Of New York Mellon Corporation, a New York-based fund reported 76,553 shares. Moreover, Blackrock Advsr Lc has 0% invested in Napco Security Technologies Inc (NASDAQ:NSSC) for 4,487 shares. Vanguard Grp Incorporated holds 580,430 shares or 0% of its portfolio. Gamco Invsts Et Al last reported 0% of its portfolio in the stock. Moreover, Renaissance Techs Ltd Liability Corporation has 0% invested in Napco Security Technologies Inc (NASDAQ:NSSC) for 150,500 shares. Bridgeway Capital Mngmt owns 191,576 shares or 0.02% of their US portfolio. Blackrock Institutional Trust Com Na owns 381,969 shares or 0% of their US portfolio.

More notable recent Napco Security Technologies Inc (NASDAQ:NSSC) news were published by: Prnewswire.com which released: “NAPCO Security Technologies to Present at the LD MICRO Conference on December …” on November 28, 2016, also Prnewswire.com with their article: “NAPCO Security Technologies Products in Houston Schools” published on November 14, 2016, Prnewswire.com published: “NAPCO Security Technologies, Inc. to Present at the Southwest IDEAS Investor …” on November 09, 2016. More interesting news about Napco Security Technologies Inc (NASDAQ:NSSC) were released by: Prnewswire.com and their article: “NAPCO Security Technologies to Announce Fiscal First Quarter 2017” published on November 01, 2016 as well as Prnewswire.com‘s news article titled: “NAPCO Security Technologies to Present at the Microcap Conference on October …” with publication date: October 17, 2016.

NSSC Company Profile

NAPCO Security Technologies, Inc. (NAPCO), incorporated on December 3, 1971, is a maker 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.

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