2 weeks Ago By ABMN Staff
Alarum Technologies Ltd. ( NASDAQ:ALAR – Get Free Report ) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totalling 409,000 shares, a decrease of 9.
5% from the August 31st total of 452,000 shares. Currently, 6.2% of the shares of the stock are sold short.
Based on an average daily trading volume, of 457,900 shares, the short-interest ratio is currently 0.9 days. Institutional Inflows and Outflows Several institutional investors and hedge funds have recently made changes to their positions in the stock.
Gordian Capital Singapore Pte Ltd acquired a new position in shares of Alarum Technologies in the second quarter valued at approximately $164,000. Altshuler Shaham Ltd bought a new stake in shares of Alarum Technologies in the second quarter worth $3,229,000. XTX Topco Ltd bought a new stake in Alarum Technologies during the second quarter worth $290,000.
Renaissance Technologies LLC raised its position in Alarum Technologies by 172.2% during the second quarter. Renaissance Technologies LLC now owns 158,861 shares of the company’s stock worth $6,626,000 after acquiring an additional 100,489 shares in the last quarter.
Finally, Thoroughbred Financial Services LLC bought a new stake in Alarum Technologies during the second quarter worth $747,000. Institutional investors and hedge funds own 3.23% of the company’s stock.
Analyst Upgrades and Downgrades Several research analysts recently issued reports on ALAR shares. Alliance Global Partners reduced their price target on shares of Alarum Technologies from $34.00 to $20.
00 and set a “buy” rating on the stock in a research report on Monday, August 26th. Canaccord Genuity Group cut their target price on shares of Alarum Technologies from $42.00 to $28.
00 and set a “buy” rating on the stock in a research report on Tuesday, August 27th. Finally, Canaccord Genuity Group upgraded shares of Alarum Technologies from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research report on Thursday, July 25th.
Alarum Technologies Stock Performance Alarum Technologies stock opened at $11.28 on Monday. The company has a current ratio of 2.
45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.02.
Alarum Technologies has a 1 year low of $2.92 and a 1 year high of $46.69.
The company has a market cap of $76.74 million, a PE ratio of -7.67 and a beta of 0.
67. The company’s 50-day moving average is $17.56 and its two-hundred day moving average is $25.
39. Alarum Technologies ( NASDAQ:ALAR – Get Free Report ) last announced its earnings results on Monday, August 26th. The company reported $0.
40 EPS for the quarter. The firm had revenue of $8.88 million for the quarter.
Alarum Technologies had a net margin of 12.70% and a return on equity of 54.68%.
Alarum Technologies Company Profile ( Get Free Report ) Alarum Technologies Ltd. provides internet access and web data collection solutions in North, South, and Central America, Europe, Southeast Asia, the Middle East, and Africa. The company operates through two segments, Enterprise Internet Access Solutions and Consumer Internet Access Solutions.
The company offers security blanket against ransomware, viruses, phishing, and other online threats, as well as secured and encrypted connection, masking the customers online activity and keeping them safe from hackers. Featured Stories Receive News & Ratings for Alarum Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alarum Technologies and related companies with MarketBeat.com's FREE daily email newsletter .
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