Attunity Ltd (NASDAQ:ATTU) hit a new 52-week low during mid-day trading on Thursday following a weaker than expected earnings announcement, MarketBeat Ratings reports. The stock traded as low as $5.47 and last traded at $6.44, with a volume of 539,540 shares traded. The stock had previously closed at $9.51.

The company reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.12. The firm earned $13 million during the quarter, compared to the consensus estimate of $15.52 million.

Several analysts have recently commented on ATTU shares. Roth Capital restated a “buy” rating on shares of Attunity in a research note on Thursday, October 15th. Zacks Investment Research upgraded Attunity from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research note on Monday, October 5th. Finally, SunTrust initiated coverage on Attunity in a research note on Thursday, December 17th. They set a “buy” rating and a $18.00 price target for the company.

An institutional investor recently raised its position in Attunity stock. Prescott Group Capital Management L.L.C. boosted its stake in Attunity Ltd (NASDAQ:ATTU) by 16.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 446,104 shares of the company’s stock after buying an additional 62,100 shares during the period. Attunity accounts for approximately 1.1% of Prescott Group Capital Management L.L.C.’s portfolio, making the stock its 21st largest position. Prescott Group Capital Management L.L.C. owned approximately 2.71% of Attunity worth $4,929,000 at the end of the most recent reporting period.

The company has a 50-day moving average of $10.87 and a 200-day moving average of $12.95. The stock’s market cap is $107.39 million.

Attunity Ltd is a provider of information availability software solutions. The Company’s solutions enable access, management, sharing and distribution of data, including Big Data, across a range of enterprise platforms, organizations and the cloud. Its software includes products for real-time data integration, including data and files replication; data warehouse automation, data usage analytics and test data management; ARA, which automates the deployment and upgrade of custom applications and Web content across various stages of the application and content lifecycle, and managed file transfer (NASDAQ:ATTU). The Company’s software solutions include Replicate and Gold Client, Maestro, Gold Client, CDC, Attunity Connect, RepliWeb, MFT, RepliWeb for ARA; BIReady; Appfluent Visibility and CloudBeam. In addition, the Company also offers a software as a service (SaaS) based platform with a portfolio of services to enable cloud data loading and replication.

12 Month Chart for NASDAQ:ATTU

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