Stock Rating Upgrade
The Value Trend Rating for Allied Motion Technologies Inc (NASDAQ: AMOT) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Allied Motion Technologies Inc (NASDAQ: AMOT) stock closed at $27.46 on 8/1/24 after a large decline of -5.1%. This decline was accompanied by normal trading volume. The stock has risen 0.7% during the last week but has been weak relative to the market over the last nine months.
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 consistent signals from two proprietary PTR measures of a stock’s attractiveness. Allied Motion Technologies has a neutral Appreciation Score of 55 and a slightly negative Power Rating of 34, leading to the Low Neutral Value Trend Rating.
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