Allied Motion Technologies (AMOT) Receiving Somewhat Favorable Media Coverage, Report Shows
News headlines about Allied Motion Technologies (NASDAQ:AMOT) have trended somewhat positive on Saturday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Allied Motion Technologies earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 46.8304697438097 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern’s scoring:
- Reviewing Allied Motion Technologies (AMOT) and Its Competitors (americanbankingnews.com)
- BRIEF-Allied Motion receives $6.8 million order for defense market (AMOT) (markets.businessinsider.com)
- Allied Motion Receives $6.8 Million Order for Defense Market (finance.yahoo.com)
- Frameless Brushless Dc Motors Market to Register a CAGR Growth of 4.6% throughout 2017-2025 (mynewsdesk.com)
- Comprehensive analysis of brushless DC motors market published by leading research firm (whatech.com)
AMOT has been the topic of several analyst reports. Zacks Investment Research downgraded Allied Motion Technologies from a “hold” rating to a “strong sell” rating in a research report on Friday, August 18th. TheStreet downgraded Allied Motion Technologies from a “b” rating to a “c+” rating in a research report on Tuesday, August 8th. Finally, BidaskClub upgraded Allied Motion Technologies from a “hold” rating to a “buy” rating in a report on Thursday, July 13th.
Allied Motion Technologies (AMOT) opened at 26.76 on Friday. Allied Motion Technologies has a 12-month low of $15.54 and a 12-month high of $30.31. The stock has a market cap of $252.94 million, a PE ratio of 28.84 and a beta of 1.89. The company’s 50-day moving average price is $25.20 and its 200-day moving average price is $25.16.
Allied Motion Technologies (NASDAQ:AMOT) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.07). The business had revenue of $60.34 million for the quarter, compared to analyst estimates of $62.17 million. Allied Motion Technologies had a return on equity of 10.65% and a net margin of 3.41%. On average, equities analysts expect that Allied Motion Technologies will post $1.00 EPS for the current fiscal year.
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Allied Motion Technologies Company Profile
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.
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