Michas Alexis P
recently revealed that they own a 6.5% stake in Allied Motion Technologies, Inc. (NASDAQ:AMOT) in a Schedule 13D/A disclosure that was filed with the Securities and Exchange Commission on Monday, November 20th. The investor owns 612,264 shares of the stock worth approximately $19,874,089. The reporting parties listed on the disclosure included Juniper Targeted Opportunity Fund, LP, Juniper HF Investors II, LLC, Juniper Investment Company, LLC, Alexis P Michas and John A Bartholdson. The filing is available through EDGAR at this link.
A number of research firms have recently commented on AMOT. Zacks Investment Research cut shares of Allied Motion Technologies from a “hold” rating to a “strong sell” rating in a report on Friday, August 18th. TheStreet cut shares of Allied Motion Technologies from a “b” rating to a “c+” rating in a report on Tuesday, August 8th.
Allied Motion Technologies, Inc. (NASDAQ AMOT) traded up $0.46 during trading hours on Monday, hitting $32.46. 36,117 shares of the stock were exchanged, compared to its average volume of 30,813. Allied Motion Technologies, Inc. has a 1 year low of $19.09 and a 1 year high of $34.83. The company has a current ratio of 2.80, a quick ratio of 1.76 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $302.49, a PE ratio of 34.04, a price-to-earnings-growth ratio of 1.83 and a beta of 1.91.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 29th. Investors of record on Thursday, November 16th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.31%. The ex-dividend date of this dividend is Wednesday, November 15th. Allied Motion Technologies’s dividend payout ratio is currently 10.64%.
ILLEGAL ACTIVITY WARNING: This article was first published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this article on another domain, it was stolen and reposted in violation of United States & international copyright and trademark law. The original version of this article can be read at https://sportsperspectives.com/2017/11/20/michas-alexis-p-owns-6-5-stake-in-allied-motion-technologies-inc-amot.html.
Allied Motion Technologies Company Profile
Allied Motion Technologies Inc designs, manufactures and sells precision and specialty motion control components and systems used in a range of industries. The Company serves various markets, including vehicle, medical, aerospace and defense, electronics and industrial. It focuses on motion control applications.
Receive News & Ratings for Allied Motion Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Motion Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.