Short traders are more bullish on Allied Motion Technologies, Inc recently as shown by the downtick in short interest. The firm had a fall in short interest of -13.05% as of October 13, 2017 from the last reporting period. Short shares fell from 94,390 to 82,076 over that period. The days to cover increased to 5.0 and the percentage of shorted shares is 0.01% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (AMOT). Magee Thomson Investment Partners LLC divested its ownership by shedding 23 shares a decrease of 31.9% as of 03/31/2017. Magee Thomson Investment Partners LLC owns 49 shares with a value of $1,000. The value of the position overall is down by 50.0%. Ubs Group Ag bolstered its investment by buying 1,822 shares an increase of 1,505.8% in the quarter. Ubs Group Ag currently owns 1,943 shares worth $53,000. The total value of its holdings increased 2,550.0%.
Thomson Horstmann & Bryant Inc trimmed its holdings by shedding 10,263 shares a decrease of 2.1%. Thomson Horstmann & Bryant Inc controls 471,865 shares valued at $11,957,000. The value of the position overall is down by 8.9%. As of quarter end Nationwide Fund Advisors had disposed of a total of 942 shares trimming its stake by 19.7%. The value of the investment in AMOT went from $130,000 to $97,000 a change of $33,000 since the last quarter.
The company is now up by 1.21% percent from yesterday’s close. The company declared a dividend for shareholders that was paid on Wednesday the 30th of August 2017. The dividend was $0.025 per share for the quarter which comes to $0.10 on an annualized basis. This dividend amount was represent a yield of $0.35. The ex-dividend date was set for Tuesday the 15th of August 2017.
Company shares last traded at $28.40 which is just a bit higher than $26.33, the 50 day moving average and which is marginally over the 200 day moving average of $26.02. The 50 day moving average moved up $2.07 and the 200 day average moved up $2.38.
The company currently has a P/E ratio of 30.60 and the market value is 268.44M. In the last earnings report the EPS was $0.93 and is estimated to be $1.00 for the current year with 9,452,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.21 and the next full year EPS is projected to be $1.25.
Allied Motion Technologies Inc., launched on August 20, 1962, 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. The Company focuses on motion control applications. It is involved in developing electro-magnetic, mechanical and electronic motion technology across the world. The Company operates in the design and manufacture of motion control products, marketed to original equipment manufacturers (OEMs) and end users segment. It develops, designs and manufactures its products through approximately six Allied Motion Technology Units. These Technology Units, along with support facilities, are located in the United States, Canada, Mexico, Europe and Asia. It also operates over three Allied Motion Solution Centers that create for its customer’s motion control solutions that incorporate various Allied Motion products to create a distinctively designed solution for its customers’ applications..