Recent extremely meaningful negative changes in investment behavior have impacted Advanced Energy Industries Inc. (NASDAQ: AEIS): the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
Recent notable negative changes in fundamentals have impacted Advanced Energy Industries Inc. (NASDAQ: AEIS): the stock’s power rating fell below 50, and significant quarterly sales deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
AEIS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Advanced Energy Industries has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Advanced Energy Industries has a neutral Appreciation Score of 44 and a neutral Power Rating of 41, triggering the Low Neutral Value Trend Rating.
Recent Price Action
Advanced Energy Industries Inc. (NASDAQ: AEIS) stock closed at $99.44 on 8/8/24 after a large increase of 3.9%. Moreover, this advance was accompanied by above average trading volume at 137% of normal. The stock has declined -14.5% during the last week and has performed in line with the market over the last nine months.
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