Magal Security Systems (NYSE:ID) Trading Up 0.3%

Magal Security Systems Ltd. (NYSE:ID)’s share price was up 0.3% during trading on Tuesday . The company traded as high as $7.61 and last traded at $7.49. Approximately 37,802 shares changed hands during trading, a decline of 58% from the average daily volume of 89,996 shares. The stock had previously closed at $7.47.

ID has been the topic of several recent analyst reports. DA Davidson initiated coverage on Magal Security Systems in a report on Monday, March 29th. They set a “buy” rating and a $12.00 target price on the stock. Canaccord Genuity initiated coverage on Magal Security Systems in a report on Tuesday, April 13th. They set a “buy” rating and a $12.00 target price on the stock.

About Magal Security Systems (NYSE:ID)

PARTS iD, Inc, a digital commerce company, primarily sells automotive parts and accessories through its proprietary platforms. It offers automobile accessories, wheels and tires, performance parts, and lighting and repair parts, as well as parts and accessories for semi-trucks, motorcycles, powersports, RVs/campers, boats, outdoor sports and camping gear, and tools.

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