What’s Next for Analogic Corporation (ALOG) After Today’s Huge Increase?

December 7, 2017 - By Ellis Scott

Investors sentiment decreased to 1.44 in Q2 2017. Its down 0.27, from 1.71 in 2017Q1. It is negative, as 20 investors sold Analogic Corporation shares while 43 reduced holdings. 27 funds opened positions while 64 raised stakes. 12.26 million shares or 0.45% less from 12.31 million shares in 2017Q1 were reported.
Ftb Advsrs holds 0% in Analogic Corporation (NASDAQ:ALOG) or 415 shares. State Of Alaska Department Of Revenue stated it has 0.01% of its portfolio in Analogic Corporation (NASDAQ:ALOG). Royal Bank Of Canada, a Ontario – Canada-based fund reported 4,261 shares. 20,400 are owned by Swiss Bank. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 509 shares. Utd Cap Finance Advisers Ltd Liability holds 3,115 shares. Moreover, Prudential Fincl Inc has 0.01% invested in Analogic Corporation (NASDAQ:ALOG). Geode Mngmt Limited Liability Company holds 0% or 107,759 shares in its portfolio. Stifel Financial owns 0.03% invested in Analogic Corporation (NASDAQ:ALOG) for 115,293 shares. Schwab Charles Investment Mgmt owns 0.01% invested in Analogic Corporation (NASDAQ:ALOG) for 111,126 shares. Wesbanco Bancorp holds 0.1% or 25,000 shares. Deutsche National Bank & Trust Ag reported 15,655 shares stake. Nationwide Fund Advisors invested in 21,735 shares. Moreover, Johnson Counsel has 0.01% invested in Analogic Corporation (NASDAQ:ALOG) for 7,255 shares. Bnp Paribas Arbitrage invested in 0% or 4,419 shares.

Since June 15, 2017, it had 0 buys, and 1 sale for $12,204 activity.

The stock of Analogic Corporation (NASDAQ:ALOG) is a huge mover today! The stock increased 7.81% or $6.3 during the last trading session, reaching $86.95. About 270,902 shares traded or 232.57% up from the average. Analogic Corporation (NASDAQ:ALOG) has declined 8.54% since December 7, 2016 and is downtrending. It has underperformed by 25.24% the S&P500.
The move comes after 7 months positive chart setup for the $1.09 billion company. It was reported on Dec, 7 by Barchart.com. We have $92.17 PT which if reached, will make NASDAQ:ALOG worth $65.16M more.

Analogic Corporation (NASDAQ:ALOG) Ratings Coverage

Among 4 analysts covering Analogic Company (NASDAQ:ALOG), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Analogic Company had 6 analyst reports since November 23, 2015 according to SRatingsIntel. As per Wednesday, September 20, the company rating was maintained by Jefferies. The firm has “Hold” rating given on Wednesday, December 7 by Benchmark. The stock of Analogic Corporation (NASDAQ:ALOG) earned “Hold” rating by Jefferies on Wednesday, August 9. The stock has “Neutral” rating by Sidoti on Thursday, March 24. The stock of Analogic Corporation (NASDAQ:ALOG) has “Buy” rating given on Thursday, September 22 by Brean Capital.

More notable recent Analogic Corporation (NASDAQ:ALOG) news were published by: Globenewswire.com which released: “Analogic Achieves ECAC Standard C2 for Its Next-Generation Cabin Baggage …” on September 21, 2017, also Globenewswire.com with their article: “Analogic Celebrates 50 Years of Imaging Innovation at RSNA 2017” published on November 27, 2017, Globenewswire.com published: “Analogic’s CT Checkpoint Screening Solution, ConneCT, Achieves US TSA …” on September 12, 2017. More interesting news about Analogic Corporation (NASDAQ:ALOG) were released by: Streetinsider.com and their article: “Analogic Corporation (ALOG) PT Raised to $80 at Jefferies Following 1Q” published on December 07, 2017 as well as Globenewswire.com‘s news article titled: “Analogic Announces Results for the Fourth Quarter and Fiscal Year Ended July …” with publication date: September 19, 2017.

Analogic Corporation designs, manufactures, and sells medical imaging systems, ultrasound and security systems, and subsystems to original equipment manufacturers and end users primarily for the medical and airport security markets worldwide. The company has market cap of $1.09 billion. It operates in three divisions: Medical Imaging, Ultrasound, and Security and Detection. It currently has negative earnings. The Medical Imaging segment offers computed tomography (CT) detector systems, data acquisition systems, data management systems, and integrated CT systems; magnetic resonance imaging products, including gradient and radio frequency amplifiers; and digital mammography products, such as detector plates, as well as motion control devices for use in computer-controlled automation systems primarily for the semiconductor, food and beverage, and laboratory automation markets.

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