Allied Motion Technologies, Inc. (NASDAQ:AMOT) announced a dividend on Thursday, October 31st, Fidelity reports. Investors of record on Thursday, November 14th will be paid a dividend of 0.03 per share by the technology company on Wednesday, November 27th. The ex-dividend date is Wednesday, November 13th.
Allied Motion Technologies stock traded down $0.75 during midday trading on Tuesday, reaching $44.03. The stock had a trading volume of 23,800 shares, compared to its average volume of 35,189. The firm’s fifty day simple moving average is $37.69 and its two-hundred day simple moving average is $36.53. Allied Motion Technologies has a twelve month low of $30.98 and a twelve month high of $52.20. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.49 and a quick ratio of 1.42. The firm has a market cap of $429.88 million, a price-to-earnings ratio of 25.90, a PEG ratio of 2.59 and a beta of 1.52.
Allied Motion Technologies (NASDAQ:AMOT) last posted its quarterly earnings data on Thursday, October 31st. The technology company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.09. Allied Motion Technologies had a net margin of 4.53% and a return on equity of 15.67%. The firm had revenue of $96.63 million during the quarter. As a group, sell-side analysts predict that Allied Motion Technologies will post 1.73 EPS for the current fiscal year.
AMOT has been the subject of a number of recent analyst reports. Dougherty & Co reaffirmed a “buy” rating on shares of Allied Motion Technologies in a research note on Monday, November 4th. ValuEngine upgraded shares of Allied Motion Technologies from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 6th. BidaskClub upgraded shares of Allied Motion Technologies from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, Zacks Investment Research upgraded shares of Allied Motion Technologies from a “sell” rating to a “hold” rating in a research report on Monday, October 7th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $57.00.
Allied Motion Technologies Company Profile
Allied Motion Technologies, Inc designs, manufactures, and sells precision and specialty motion control components and systems that are used in a range of industries worldwide. It provides automotive brushless (BL) DC motors, power steering solutions, and special purpose motors; fractional horsepower permanent magnet DC and BLDC motors serving a range of original equipment applications; and high performance BLDC motors, including servo motors, frameless motors, torque motors, slot less motors, high resolution encoders, and motor/encoder assemblies.
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