Media headlines about Allied Motion Technologies (NASDAQ:AMOT) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Allied Motion Technologies earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 46.8421341672057 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- Allied Motion Technologies, Inc. (AMOT) Lowered to Strong Sell at Zacks Investment Research (americanbankingnews.com)
- Zacks: Allied Motion Technologies, Inc. (AMOT) Receives Average Rating of “” from Brokerages (americanbankingnews.com)
- Financial Analysis: Allied Motion Technologies (AMOT) & Perceptron (PRCP) (americanbankingnews.com)
- Analysts Anticipate Allied Motion Technologies, Inc. (AMOT) to Post $0.38 EPS (americanbankingnews.com)
- Allied Motion to Present at Midwest IDEAS Conference (finance.yahoo.com)
Shares of Allied Motion Technologies (AMOT) traded up 7.22% during midday trading on Friday, hitting $24.95. 20,880 shares of the stock were exchanged. Allied Motion Technologies has a 12-month low of $15.54 and a 12-month high of $30.31. The firm has a market cap of $235.83 million, a P/E ratio of 26.89 and a beta of 1.88. The firm has a 50 day moving average of $27.24 and a 200 day moving average of $24.56.
Allied Motion Technologies (NASDAQ:AMOT) last issued its earnings results on Wednesday, August 2nd. The technology company reported $0.24 earnings per share for the quarter, missing the Zacks’ 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%. Equities analysts forecast that Allied Motion Technologies will post $1.00 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Thursday, August 17th will be issued a dividend of $0.025 per share. The ex-dividend date of this dividend is Tuesday, August 15th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.40%. Allied Motion Technologies’s dividend payout ratio (DPR) is 11.36%.
AMOT has been the topic of a number of analyst reports. BidaskClub upgraded shares of Allied Motion Technologies from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. TheStreet lowered shares of Allied Motion Technologies from a “b” rating to a “c+” rating in a report on Tuesday, August 8th. Finally, Zacks Investment Research upgraded shares of Allied Motion Technologies from a “sell” rating to a “hold” rating in a report on Thursday, May 11th.
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In other Allied Motion Technologies news, Director Richard D. /Co/ Smith sold 7,000 shares of the stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $25.90, for a total transaction of $181,300.00. Following the sale, 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard D. /Co/ Smith sold 3,900 shares of the stock in a transaction on Wednesday, May 24th. The stock was sold at an average price of $24.93, for a total transaction of $97,227.00. Following the sale, the director now directly owns 47,429 shares in the company, valued at $1,182,404.97. The disclosure for this sale can be found here. Insiders have sold 20,916 shares of company stock worth $540,273 over the last three months. 30.80% of the stock is owned by corporate 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.
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