Recent exceptional negative changes in investment behavior have affected Advanced Energy Industries Inc. (NASDAQ: AEIS): its shorter term price trend turned down, and the stock fell on very heavy volume.
Recent significant negative changes in fundamentals have affected 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 D. We would continue to 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Advanced Energy Industries has a neutral Appreciation Score of 45 and a slightly negative Power Rating of 39, triggering the Negative Value Trend Rating.
Recent Price Action
On 8/30/24, Advanced Energy Industries Inc. (NASDAQ: AEIS) stock declined slightly by -0.9%, closing at $106.09. Moreover, this decline was accompanied by exceptionally high trading volume at 248% of normal. The stock has performed in line with the market over the last nine months and has declined -1.4% during the last week.
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