Back to top

Image: Bigstock

Allied Motion (AMOT) in Focus: Stock Moves 5.3% Higher

Read MoreHide Full Article

Allied Motion Technologies Inc. was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.This stock, which remained volatile and traded within the range of $48.03 –$52.57 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Allied Motion has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the Instruments - Control industry may consider Watts Water Technologies, Inc. (WTS - Free Report) which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Watts Water Technologies, Inc. (WTS) - free report >>

Published in