Alert: Negative Investment/Fundamental Signals (9/20/24)-Advanced Energy Industries Inc. (NASDAQ: AEIS)

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Advanced Energy Industries Inc. (NASDAQ: AEIS) suffers from exceptional negative changes in investment behavior: negative upside/downside volume developed, and the stock fell on very heavy volume.

Recent important negative changes in fundamentals have impacted Advanced Energy Industries Inc. (NASDAQ: AEIS): significant quarterly sales deceleration occurred, and significant quarterly earnings 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.

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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). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Advanced Energy Industries has a neutral Appreciation Score of 48 and a slightly negative Power Rating of 40, producing the Low Neutral Value Trend Rating.

Recent Price Action

On 9/20/24, Advanced Energy Industries Inc. (NASDAQ: AEIS) stock declined slightly by -0.2%, closing at $101.59. Moreover, exceptionally high trading volume at 260% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 5.8% during the last week.

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