Perceptron Inc. (NASDAQ:PRCP) was up 10.2% during trading on Friday . The stock traded as high as $5.53 and last traded at $5.52, with a volume of 82,573 shares. The stock had previously closed at $5.01.

Several equities research analysts have recently commented on PRCP shares. Zacks Investment Research upgraded shares of Perceptron from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 5th. Canaccord Genuity reiterated a “buy” rating and set a $7.00 price target on shares of Perceptron in a research report on Sunday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. Perceptron has an average rating of “Hold” and a consensus target price of $7.88.

The firm’s market capitalization is $52.80 million. The company has a 50 day moving average of $4.80 and a 200 day moving average of $5.06.

Perceptron (NASDAQ:PRCP) last posted its quarterly earnings data on Monday, May 9th. The company reported ($0.31) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.28) by $0.03. The company had revenue of $18.10 million for the quarter, compared to analyst estimates of $17.40 million. On average, equities analysts expect that Perceptron Inc. will post ($0.71) earnings per share for the current year.

An institutional investor recently raised its position in Perceptron stock. New York State Common Retirement Fund boosted its stake in Perceptron Inc. (NASDAQ:PRCP) by 15.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 203,747 shares of the company’s stock after buying an additional 27,533 shares during the period. New York State Common Retirement Fund owned approximately 2.17% of Perceptron worth $1,587,000 at the end of the most recent reporting period.

Perceptron, Inc (Perceptron) develops, produces and sells a range of automated industrial dimensional inspection and three-dimensional (3D) scanning products. The Company’s products include 3D machine vision solutions, robot guidance, coordinate measuring machines, laser scanning, and advanced analysis software.

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