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BidaskClub downgraded Advanced Energy Industries, Inc. (NASDAQ:AEIS) to Hold in a report released today.

BidaskClub has downgraded Advanced Energy Industries, Inc. (NASDAQ:AEIS) to Hold in a report released on 6/20/2017.

Yesterday Advanced Energy Industries, Inc. (NASDAQ:AEIS) traded 0.66% higher at $70.55. The company’s 50-day moving average is $72.06 and its 200-day moving average is $71.32. The last stock close price is down 6.26% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 440,754 shares of the stock were exchanged, up from an average trading volume of 410,561

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Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Advanced Energy Industries, Inc. has a 52 week low of $45.08 and a 52 week high of $86.25 with a P/E ratio of 19.25 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $34.60 with 2 firms rating the stock a strong buy, 4 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Advanced Energy Industries, Inc. is a provider of engineered, precision power conversion, measurement and control solutions. The Company is engaged in designing, manufacturing, selling and supporting its power conversion products and solutions that transform power into various forms in various applications ranging from manufacturing and industrial processes to instrumentation, and test and measurement. It also provides repair and maintenance services for all of its products. Its process power systems include direct current (DC), pulsed DC, low frequency, high voltage, and radio frequency (RF) power supplies, matching networks, remote plasma sources for reactive gas applications and RF instrumentation. These power conversion systems refine, modify and control the raw electrical power from a utility and convert it into power that may be customized and is predictable and repeatable. Its power control modules and thermal instrumentation products are used in the semiconductor industry.

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