Insignia Systems (NASDAQ:ISIG) Receives New Coverage from Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of Insignia Systems (NASDAQ:ISIG – Get Rating) in a research note issued to investors on Sunday. The brokerage set a “sell” rating on the business services provider’s stock.

Separately, TheStreet upgraded shares of Insignia Systems from a “d” rating to a “c” rating in a research report on Wednesday, November 23rd.

Insignia Systems Stock Performance

NASDAQ ISIG opened at $8.63 on Friday. Insignia Systems has a 52 week low of $5.48 and a 52 week high of $14.47. The stock has a market capitalization of $15.53 million, a price-to-earnings ratio of 1.55 and a beta of 1.87. The stock’s 50 day moving average price is $8.92 and its two-hundred day moving average price is $7.79.

Institutional Investors Weigh In On Insignia Systems

A number of institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP acquired a new position in shares of Insignia Systems during the first quarter worth $138,000. Millennium Management LLC acquired a new position in Insignia Systems in the second quarter valued at $133,000. Finally, Citigroup Inc. acquired a new position in Insignia Systems in the first quarter valued at approximately $33,000. 15.95% of the stock is owned by institutional investors.

Insignia Systems Company Profile

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Insignia Systems, Inc engages in the provision of in-store and digital advertising solutions. It serves the consumer-packaged goods (CPG) manufacturers, retailers, shopper marketing agencies, and brokerages markets. The company was founded in 1990 and is headquartered in Minneapolis, MN.