Canaccord Genuity restated their buy rating on shares of Napco Security Technologies (NASDAQ:NSSC) in a report published on Monday morning. Canaccord Genuity currently has a $14.00 price target on the industrial products company’s stock.

Napco Security Technologies (NSSC) opened at $9.70 on Monday. The firm has a market cap of $184.72, a P/E ratio of 28.24 and a beta of 0.61. Napco Security Technologies has a 52 week low of $7.40 and a 52 week high of $10.95. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.77 and a current ratio of 5.89.

Napco Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings results on Monday, February 5th. The industrial products company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.01. The company had revenue of $21.10 million during the quarter, compared to analysts’ expectations of $22.07 million. Napco Security Technologies had a net margin of 7.09% and a return on equity of 11.21%. The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period last year, the business earned $0.05 EPS.

Institutional investors and hedge funds have recently modified their holdings of the company. Citigroup Inc. bought a new position in shares of Napco Security Technologies during the 2nd quarter worth approximately $100,000. Rhumbline Advisers bought a new position in shares of Napco Security Technologies during the 2nd quarter worth approximately $103,000. New York State Common Retirement Fund bought a new position in shares of Napco Security Technologies during the 2nd quarter worth approximately $119,000. OxFORD Asset Management LLP bought a new position in shares of Napco Security Technologies during the 3rd quarter worth approximately $143,000. Finally, GSA Capital Partners LLP grew its stake in shares of Napco Security Technologies by 46.1% during the 2nd quarter. GSA Capital Partners LLP now owns 19,641 shares of the industrial products company’s stock worth $185,000 after acquiring an additional 6,200 shares in the last quarter. 30.05% of the stock is owned by institutional investors.

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Napco Security Technologies Company Profile

NAPCO Security Technologies, Inc is a manufacturer of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. 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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