Zacks Investment Research upgraded National Instruments Corp (NASDAQ:NATI) to Hold in a report released today.
- Updated: September 27, 2016
Zacks Investment Research has upgraded National Instruments Corp (NASDAQ:NATI) to Hold in a report released on Wednesday September 28, 2016.
Yesterday National Instruments Corp (NASDAQ:NATI) traded 0.18% higher at $28.40. The company’s 50-day moving average is $27.88 and its 200-day moving average is $28.14. The last closing price is up 0.92% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 513,299 shares of the stock traded hands, down from an average trading volume of 608,534
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National Instruments Corp has a 52 week low of $25.90 and a 52 week high of $31.71 with a P/E ratio of 43.03 The company’s market cap is currently $0.
A total of 3 equity analysts have released a ratings update on NATI. Two equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $32.00.
Brief Synopsis About National Instruments Corp (NASDAQ:NATI)
National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers graphical system design approach to engineering, which provides an integrated software and hardware platform for measurement and control systems. Its products include reusable hardware and software modules. The Company offers a range of measurement, automation and control products. It offers products, technology and services, which include system design software, programming tools, application software, modular hardware products and related driver software, production test systems, NI education platform, software products for teaching and hardware products for teaching. It also offers NI Services, including hardware services and maintenance, software maintenance services, and training and certification. Its products are used across various industries in a range of applications, including research and development, simulation and modeling and product design.
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