Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Allied Motion Technologies Inc (NASDAQ: AMOT) weakened in the last week. AMOT’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 6/21/24, Allied Motion Technologies Inc (NASDAQ: AMOT) stock declined slightly by -0.4%, closing at $25.48. Moreover, this decline was accompanied by above average trading volume at 143% of normal. Relative to the market the stock has been weak over the last nine months and has declined -2.7% 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 D (Negative). 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 28, leading to the Negative Value Trend Rating.
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