Shares of Allied Movement Applied sciences Inc. (NASDAQ:AMOT – Get Ranking) crossed beneath its 2 hundred day transferring common throughout buying and selling on Wednesday . The inventory has a 2 hundred day transferring common of $31.08 and traded as little as $22.50. Allied Movement Applied sciences shares final traded at $22.78, with a quantity of 38,013 shares altering fingers.
Individually, StockNews.com upgraded shares of Allied Movement Applied sciences from a “maintain” score to a “purchase” score in a analysis report on Thursday, Could nineteenth.
The inventory’s 50-day transferring common worth is $24.27 and its 200-day transferring common worth is $31.08. The corporate has a debt-to-equity ratio of 0.92, a fast ratio of 1.23 and a present ratio of two.46. The corporate has a market capitalization of $353.11 million, a price-to-earnings ratio of twenty-two.78 and a beta of 1.64.
Allied Movement Applied sciences (NASDAQ:AMOT – Get Ranking) final posted its quarterly earnings outcomes on Wednesday, Could 4th. The know-how firm reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.15. Allied Movement Applied sciences had a internet margin of three.52% and a return on fairness of 9.96%. The corporate had income of $114.79 million in the course of the quarter, in comparison with the consensus estimate of $111.00 million. Throughout the identical interval final yr, the agency earned $0.32 EPS. Analysts anticipate that Allied Movement Applied sciences Inc. will put up 1.19 earnings per share for the present yr.
The enterprise additionally not too long ago disclosed a quarterly dividend, which was paid on Thursday, June 2nd. Traders of report on Thursday, Could nineteenth got a dividend of $0.025 per share. The ex-dividend date was Wednesday, Could 18th. This represents a $0.10 annualized dividend and a dividend yield of 0.44%. Allied Movement Applied sciences’s dividend payout ratio is at present 10.00%.
A number of institutional buyers have not too long ago modified their holdings of AMOT. Citigroup Inc. raised its place in shares of Allied Movement Applied sciences by 119.3% in the course of the third quarter. Citigroup Inc. now owns 1,327 shares of the know-how firm’s inventory value $42,000 after buying a further 722 shares over the last quarter. Geode Capital Administration LLC raised its place in shares of Allied Movement Applied sciences by 0.5% in the course of the third quarter. Geode Capital Administration LLC now owns 199,716 shares of the know-how firm’s inventory value $6,247,000 after buying a further 899 shares over the last quarter. Two Sigma Investments LP raised its place in shares of Allied Movement Applied sciences by 152.6% in the course of the third quarter. Two Sigma Investments LP now owns 21,342 shares of the know-how firm’s inventory value $668,000 after buying a further 12,892 shares over the last quarter. Two Sigma Advisers LP raised its place in shares of Allied Movement Applied sciences by 71.2% in the course of the third quarter. Two Sigma Advisers LP now owns 28,500 shares of the know-how firm’s inventory value $891,000 after buying a further 11,850 shares over the last quarter. Lastly, Confluence Funding Administration LLC grew its stake in Allied Movement Applied sciences by 0.5% within the 4th quarter. Confluence Funding Administration LLC now owns 212,334 shares of the know-how firm’s inventory value $7,748,000 after buying a further 1,013 shares in the course of the interval. Hedge funds and different institutional buyers personal 56.83% of the corporate’s inventory.
Allied Movement Applied sciences Firm Profile (NASDAQ:AMOT)
Allied Movement Applied sciences Inc, along with its subsidiaries, designs, manufactures, and sells precision and specialty managed movement elements and techniques which can be utilized in a variety of industries worldwide. The corporate affords brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, built-in brushless motor-drives, gearmotors, gearing, modular digital servo drives, movement controllers, optical encoders, energetic, and passive filters.
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