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Allied Motion Technologies (AMOT) Jumps: Stock Rises by 5.8%

Allied Motion Technologies Inc.AMOT was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $20.68 to $22.58 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Allied Motion Technologies currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

Allied Motion Technologies, Inc. Price

Allied Motion Technologies, Inc. Price | Allied Motion Technologies, Inc. Quote

A better-ranked Instruments - Control stock is Nanometrics Incorporated NANO , carrying a Zacks Rank #2 (Buy).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

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Nanometrics Incorporated (NANO): Free Stock Analysis Report

Allied Motion Technologies, Inc. (AMOT): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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