Allied Motion Technologies (AMOT) Announces Quarterly Earnings
Allied Motion Technologies (NASDAQ:AMOT) announced its earnings results on Tuesday. The company reported $0.24 earnings per share (EPS) for the quarter, AnalystRatingsNetwork.com reports. The company had revenue of $60.44 million for the quarter, compared to the consensus estimate of $25.14 million.
Allied Motion Technologies (NASDAQ:AMOT) traded up 2.02% during mid-day trading on Tuesday, hitting $11.50. 10,794 shares of the company’s stock traded hands. Allied Motion Technologies has a one year low of $6.46 and a one year high of $14.17. The stock has a 50-day moving average of $11.73 and a 200-day moving average of $11.52. The company has a market cap of $106.3 million and a P/E ratio of 25.16.
Allied Motion Technologies Inc (NASDAQ:AMOT) designs, manufactures and sells motors, electronic motion controls, gearing and optical encoders to a range of customers throughout the world.
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