Allied Motion Technologies (AMOT) Getting Somewhat Favorable Press Coverage, Accern Reports
News headlines about Allied Motion Technologies (NASDAQ:AMOT) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Allied Motion Technologies earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.9827424257544 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several research analysts have recently issued reports on the company. BidaskClub lowered Allied Motion Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday. TheStreet raised Allied Motion Technologies from a “c+” rating to a “b” rating in a research report on Thursday, November 16th. Finally, Zacks Investment Research raised Allied Motion Technologies from a “hold” rating to a “strong-buy” rating and set a $37.00 target price for the company in a research report on Thursday, November 16th.
Shares of Allied Motion Technologies (AMOT) opened at $31.98 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.80 and a quick ratio of 1.76. The firm has a market capitalization of $302.21, a P/E ratio of 34.01, a P/E/G ratio of 1.82 and a beta of 1.94. Allied Motion Technologies has a 52 week low of $19.09 and a 52 week high of $34.83.
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Thursday, November 16th were paid a $0.025 dividend. The ex-dividend date of this dividend was Wednesday, November 15th. This represents a $0.10 annualized dividend and a dividend yield of 0.31%. Allied Motion Technologies’s payout ratio is currently 10.64%.
TRADEMARK VIOLATION WARNING: This story was reported by Watch List News and is owned by of Watch List News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.watchlistnews.com/allied-motion-technologies-amot-getting-somewhat-favorable-press-coverage-accern-reports/1753810.html.
About Allied Motion Technologies
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.
Receive News & Ratings for Allied Motion Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Motion Technologies Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.