Sigma Labs, Inc. (SGLB) Reaches $0.94 52-Week Low; Magal Security Systems LTD. – Ordinary Shares (MAGS) Shorts Decreased By 9.14%

June 27, 2018 - By Michael Leger

Sigma Labs, Inc. (NASDAQ:SGLB) Logo

Magal Security Systems LTD. – Ordinary Shares (NASDAQ:MAGS) had a decrease of 9.14% in short interest. MAGS’s SI was 90,500 shares in June as released by FINRA. Its down 9.14% from 99,600 shares previously. With 49,000 avg volume, 2 days are for Magal Security Systems LTD. – Ordinary Shares (NASDAQ:MAGS)’s short sellers to cover MAGS’s short positions. The SI to Magal Security Systems LTD. – Ordinary Shares’s float is 0.69%. The stock decreased 0.29% or $0.01 during the last trading session, reaching $5.15. About 316 shares traded. Magal Security Systems Ltd. (NASDAQ:MAGS) has declined 8.08% since June 27, 2017 and is downtrending. It has underperformed by 20.65% the S&P500. Some Historical MAGS News: 12/04/2018 – MAGAL SECURITY SYSTEMS LTD – SHARON HAS BEEN APPOINTED AS CEO REPLACING SAAR KOURSH; 12/04/2018 – MAGAL SECURITY SYSTEMS LTD – DROR SHARON HAS BEEN APPOINTED AS CEO REPLACING SAAR KOURSH; 22/03/2018 Magal Announces Orders for More Than 20 Sites for its Fiber Optic Based Sensor Solution; 02/04/2018 – Magal Acquires Control Of ESC BAZ; 12/04/2018 – Magal Announces Appointment Of Dror Sharon As CEO; 16/05/2018 – Magal Security 1Q Rev $17.3M; 02/04/2018 – MAGAL BUYS CONTROL OF ESC BAZ; 16/05/2018 – Magal Security 1Q Loss/Shr 1c; 28/03/2018 – Magal Security Systems Announces Filing Of 2017 Annual Report; 12/04/2018 – MAGAL SECURITY SYSTEMS LTD – YANIV SHACHAR, E.V.P. AND GENERAL MANAGER OF MAGAL ISRAEL, WILL SERVE AS ACTING CEO IN INTERIM PERIOD

The stock of Sigma Labs, Inc. (NASDAQ:SGLB) hit a new 52-week low and has $0.91 target or 3.00% below today’s $0.94 share price. The 6 months bearish chart indicates high risk for the $5.84M company. The 1-year low was reported on Jun, 27 by Barchart.com. If the $0.91 price target is reached, the company will be worth $175,050 less. The stock decreased 3.10% or $0.03 during the last trading session, reaching $0.94. About 54,796 shares traded. Sigma Labs, Inc. (NASDAQ:SGLB) has declined 41.59% since June 27, 2017 and is downtrending. It has underperformed by 54.16% the S&P500.

More notable recent Sigma Labs, Inc. (NASDAQ:SGLB) news were published by: Globenewswire.com which released: “Sigma Labs Announces Proposed Public Offering of Securities” on June 21, 2018, also Nasdaq.com with their article: “Mid-Afternoon Market Update: Red Hat Falls On Weak Forecast; Tandem Diabetes Care Shares Climb” published on June 22, 2018, Nasdaq.com published: “Mid-Day Market Update: Crude Oil Up Over 4%; WillScot Shares Spike Higher” on June 22, 2018. More interesting news about Sigma Labs, Inc. (NASDAQ:SGLB) were released by: Nasdaq.com and their article: “Mid-Morning Market Update: Markets Mostly Higher; BlackBerry Beats Q1 Estimates” published on June 22, 2018 as well as Nasdaq.com‘s news article titled: “Sigma Labs, Inc. Announces Pricing of Public Offering of 2390000 Units” with publication date: June 22, 2018.

Sigma Labs, Inc. develops and commercializes manufacturing and materials technologies. The company has market cap of $5.84 million. It offers PrintRite3D quality assurance software apps primarily for 3D printing and additive manufacturing industries. It currently has negative earnings. The companyÂ’s products are used in advanced manufacturing technologies to assure part quality in real time as the part is being made and enhance process control practices.

Magal Security Systems Ltd. develops, makes, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and video management systems, and cyber security products and systems worldwide. The company has market cap of $118.67 million. It operates through three divisions: Perimeter Products, Turnkey Projects, and Video and Cyber Security. It currently has negative earnings. The firm offers perimeter security products that enable clients to monitor, limit, and control access by unauthorized personnel to specific regions or areas.

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