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American Electric Technologies (NASDAQ:AETI) SVP James Steffek sold 3,100 shares of the stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $10.02, for a total transaction of $31,062.00. Following the sale, the senior vice president now directly owns 649,924 shares of the company’s stock, valued at approximately $6,512,238. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of American Electric Technologies (NASDAQ:AETI) traded down 2.40% during mid-day trading on Thursday, hitting $9.74. 39,062 shares of the company’s stock traded hands. American Electric Technologies has a 52-week low of $4.66 and a 52-week high of $10.22. The stock has a 50-day moving average of $9.08 and a 200-day moving average of $7.8. The company has a market cap of $78.0 million and a price-to-earnings ratio of 20.92.

American Electric Technologies (NASDAQ:AETI) last released its earnings data on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.11 by $0.01. The company had revenue of $17.59 million for the quarter, compared to the consensus estimate of $11.73 million. During the same quarter in the prior year, the company posted $0.06 earnings per share.

American Electric Technologies, Inc (NASDAQ:AETI) is a global provider of power delivery solutions to the renewable energy industries.

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