Is Buying 52-Week Stock Like Allied Motion Technologies Inc
- by Xavier Trudeau
- in Financer
- — Mar 21, 2018
It improved, as 5 investors sold Allied Motion Technologies Inc. shares while 19 reduced holdings. Allied Motion Technologies earned a news sentiment score of 0.29 on Accern's scale. (NASDAQ:AMOT) to grow at an accelerated rate over the next five years. Moreover, Sector Gamma As has 6.53% invested in the company for 1.47 million shares.
News articles about Allied Motion Technologies (NASDAQ:AMOT) have been trending positive recently, according to Accern. (NASDAQ:AMOT)'s stock was 23.39%. Earnest Partners LLC purchased a new stake in shares of Allied Motion Technologies in the fourth quarter worth approximately $116,000.
Allied Motion Technologies Inc.
Shares of Allied Motion Technologies stock opened at $38.70 on Monday. (NASDAQ:AMOT) for 7,520 shares. Institutional investors own 44.45% of the company's stock. (NASDAQ:AMOT). Ativo Cap Management Limited Liability holds 21,550 shares or 0.15% of its portfolio. Ameritas Ptnrs reported 0% of its portfolio in Allied Motion Technologies Inc.
A number of equities research analysts have recently commented on AMOT shares. Ancora Advisors Ltd Liability Com has invested 0.24% in Allied Motion Technologies Inc.
TRADEMARK VIOLATION WARNING: "Allied Motion Technologies (NASDAQ:AMOT) Getting Favorable Press Coverage, Analysis Finds" was originally posted by registrarjournal.com and is owned by of registrarjournal.com.
The stock of Allied Motion Technologies Inc. This indicates more upside for the $383.68 million company. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 66,561 shares traded or 69.92% up from the average. (NASDAQ:AMOT) has risen 17.46% since March 19, 2017 and is uptrending. It has outperformed by 0.76% the S&P500.
Among 2 analysts covering Allied Motion (NASDAQ:AMOT), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. (NASDAQ:AMOT) has "Buy" rating given on Friday, May 6 by Craig Hallum. The rating was initiated by Dougherty & Company with "Neutral" on Friday, July 1.
Allied Motion Technologies Inc. designs, makes, and sells precision and specialty motion control components and systems that are used in a range of industries worldwide. It focuses on motion control applications. The company has a market cap of $364.82, a PE ratio of 46.93 and a beta of 1.99. The firm also offers engineered fractional horsepower permanent magnet DC and brushless DC motors for a range of original equipment applications; and brushless DC motors, including servo motors, frameless motors, torque motors, high speed slotless motors, high resolution encoders, and motor/encoder assemblies for medical equipment, semiconductor, industrial, and aerospace and defense markets.
