Zacks Investment Research upgraded Allied Motion Technologies, Inc. (NASDAQ:AMOT) to Hold in a statement released earlier today.
- Updated: October 4, 2016
Zacks Investment Research has upgraded Allied Motion Technologies, Inc. (NASDAQ:AMOT) to Hold in a statement released on 10/04/2016.
On 5/06/2016, Craig Hallum released a statement for Allied Motion Technologies, Inc. (NASDAQ:AMOT) bumped up the target price from $30.00 to $33.00 that suggested an upside of 0.46%.
Boasting a price of $19.06, Allied Motion Technologies, Inc. (NASDAQ:AMOT) traded -2.06% lower on the day. With the last stock price close down -9.67% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Allied Motion Technologies, Inc. has recorded a 50-day average of $20.44 and a two hundred day average of $21.10. Volume of trade was down over the average, with 32,056 shares of AMOT changing hands under the typical 32,722
With a total market value of $0, Allied Motion Technologies, Inc. has price-earnings ratio of 17.65 with a one year low of $15.46 and a one year high of $27.70 .
A total of 1 broker has issued a ratings update on the company. 0 firms rating the stock a strong buy, zero analysts rating the company a buy, zero equity analysts rating the company a hold, zero brokerages rating the company a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $33.00.
Brief Synopsis On Allied Motion Technologies, Inc. (NASDAQ:AMOT)
Allied Motion Technologies Inc. designs, manufactures and sells precision and specialty motion control components and systems used in a range of industries. The Company serves various markets, including vehicle, medical, aerospace and defense, electronics and industrial. It focuses on motion control applications. It is engaged in developing electro-magnetic, mechanical and electronic motion technology. It operates in the design and manufacture of motion control products, marketed to original equipment manufacturers and end users segment. Its products are used in the handling, inspection, and testing of components and final products, such as printers, tunable lasers and spectrum analyzers for the fiber optic industry, and test and processing equipment for the semiconductor manufacturing industry. Its products are used in a range of medical, industrial and commercial aviation applications, such as dialysis equipment, industrial ink jet printers and cash dispensers.
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