Alert: Major Price Decline (11/2/23)-Allied Motion Technologies Inc (NASDAQ: AMOT).

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Allied Motion Technologies Inc (NASDAQ: AMOT) stock closed at $25.49 on 11/2/23 after a major decline of -10.2%. The stock has been weak relative to the market over the last nine months and has declined -7.1% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, AMOT is expected to continue to be a Value Builder.

Allied Motion Technologies has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Allied Motion Technologies has a neutral Appreciation Score of 55 but a poor Power Rating of 18, with the Negative Value Trend Rating the result.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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