Somewhat Favorable Media Coverage Extremely Likely to Impact Allied Motion Technologies (AMOT) Stock Price
Headlines about Allied Motion Technologies (NASDAQ:AMOT) have been trending somewhat positive recently, AlphaOne Sentiment reports. AlphaOne, a service of Accern, ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Allied Motion Technologies earned a news sentiment score of 0.12 on AlphaOne’s scale. AlphaOne also gave media coverage about the technology company an impact score of 100 out of 100, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted AlphaOne’s rankings:
- Zacks: Allied Motion Technologies, Inc. (AMOT) Given $30.00 Consensus Target Price by Brokerages (americanbankingnews.com)
- Allied Motion Technologies, Inc. (AMOT) Expected to Post Quarterly Sales of $62.17 Million (americanbankingnews.com)
- Analyzing Vishay Precision Group (VPG) & Allied Motion Technologies (AMOT) (americanbankingnews.com)
- Comparing Vishay Precision Group (VPG) and Allied Motion Technologies (AMOT) (americanbankingnews.com)
- Brokerages Anticipate Allied Motion Technologies, Inc. (AMOT) Will Post Earnings of $0.31 Per Share (americanbankingnews.com)
Shares of Allied Motion Technologies (NASDAQ:AMOT) traded down 1.29% on Friday, reaching $26.79. The company had a trading volume of 40,465 shares. The company’s 50-day moving average is $25.66 and its 200-day moving average is $23.01. The company has a market capitalization of $253.73 million, a PE ratio of 25.73 and a beta of 1.84. Allied Motion Technologies has a one year low of $15.54 and a one year high of $28.46.
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 1st. Shareholders of record on Thursday, May 18th were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend was Tuesday, May 16th. Allied Motion Technologies’s dividend payout ratio is presently 10.53%.
Separately, Zacks Investment Research raised Allied Motion Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th.
COPYRIGHT VIOLATION WARNING: “Somewhat Favorable Media Coverage Extremely Likely to Impact Allied Motion Technologies (AMOT) Stock Price” was originally posted by Financial Market News and is the property of of Financial Market News. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.financial-market-news.com/2017/06/18/somewhat-favorable-media-coverage-extremely-likely-to-impact-allied-motion-technologies-amot-stock-price.html.
In other news, Director Richard D. /Co/ Smith sold 7,000 shares of the company’s stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $25.90, for a total transaction of $181,300.00. Following the completion of the transaction, the director now directly owns 47,429 shares of the company’s stock, valued at $1,228,411.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Richard D. /Co/ Smith sold 5,000 shares of the company’s stock in a transaction dated Friday, May 26th. The shares were sold at an average price of $25.69, for a total transaction of $128,450.00. Following the transaction, the director now directly owns 47,429 shares of the company’s stock, valued at $1,218,451.01. The disclosure for this sale can be found here. Insiders sold 20,916 shares of company stock valued at $540,273 over the last three months. 30.80% of the stock is currently owned by insiders.
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.
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 MarketBeat.com's FREE daily email newsletter.