Allied Motion Technologies, Inc. (NASDAQ:AMOT) declared a dividend on Thursday, October 31st, Fidelity reports. Stockholders of record on Thursday, November 14th will be given a dividend of 0.03 per share by the technology company on Wednesday, November 27th. The ex-dividend date is Wednesday, November 13th.
Shares of AMOT stock traded down $0.80 during mid-day trading on Monday, hitting $43.98. The company’s stock had a trading volume of 1,777 shares, compared to its average volume of 46,768. Allied Motion Technologies has a 52-week low of $30.98 and a 52-week high of $52.20. The business has a 50-day moving average price of $37.44 and a 200 day moving average price of $36.45. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.42 and a current ratio of 2.49. The stock has a market cap of $443.32 million, a price-to-earnings ratio of 25.64, a PEG ratio of 2.67 and a beta of 1.52.
Allied Motion Technologies (NASDAQ:AMOT) last posted its quarterly earnings results on Thursday, October 31st. The technology company reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.09. Allied Motion Technologies had a return on equity of 15.67% and a net margin of 4.53%. The firm had revenue of $96.63 million during the quarter. Equities research analysts predict that Allied Motion Technologies will post 1.73 EPS for the current fiscal year.
In other Allied Motion Technologies news, Director Richard D. /Co/ Smith sold 5,000 shares of the company’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $45.48, for a total value of $227,400.00. Following the completion of the sale, the director now owns 1,887 shares in the company, valued at $85,820.76. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Richard D. /Co/ Smith sold 20,000 shares of the company’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $40.67, for a total value of $813,400.00. Following the completion of the sale, the director now owns 1,887 shares of the company’s stock, valued at approximately $76,744.29. The disclosure for this sale can be found here. In the last quarter, insiders have sold 35,300 shares of company stock valued at $1,432,755. 23.10% of the stock is owned by company insiders.
AMOT has been the subject of several recent analyst reports. Zacks Investment Research upgraded Allied Motion Technologies from a “sell” rating to a “hold” rating in a research note on Monday, October 7th. BidaskClub upgraded Allied Motion Technologies from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. ValuEngine upgraded Allied Motion Technologies from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 6th. Finally, Dougherty & Co restated a “buy” rating on shares of Allied Motion Technologies in a research note on Monday, November 4th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $57.00.
Allied Motion Technologies Company Profile
Allied Motion Technologies, Inc designs, manufactures, and sells precision and specialty motion control components and systems that are used in a range of industries worldwide. It provides automotive brushless (BL) DC motors, power steering solutions, and special purpose motors; fractional horsepower permanent magnet DC and BLDC motors serving a range of original equipment applications; and high performance BLDC motors, including servo motors, frameless motors, torque motors, slot less motors, high resolution encoders, and motor/encoder assemblies.
See Also: After-Hours Trading
Receive News & Ratings for Allied Motion Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Motion Technologies and related companies with MarketBeat.com's FREE daily email newsletter.