Stock Rating Upgrade
In recent days the Value Trend Rating for Allied Motion Technologies Inc (NASDAQ: AMOT) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 5/24/24, Allied Motion Technologies Inc (NASDAQ: AMOT) stock rose slightly by 0.04%, closing at $26.70. Moreover, this advance was accompanied by above average trading volume at 136% of normal. The stock has performed in line with the market over the last nine months and has declined -7.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, AMOT is expected to continue to be a Value Builder.
Allied Motion Technologies has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Allied Motion Technologies has a neutral Appreciation Score of 58 but a poor Power Rating of 30, triggering the Low Neutral Value Trend Rating.
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