How have the shares performed?
ADDvantage Technologies Group Inc. (AEY) saw an uptrend of 18.32% in the recent trading with $2.26 being its most recent. The current price level -48.64% lower than the highest price of $4.40 marked by the stock while trading over the past 52-weeks, whereas it is 50.67% higher than the lowest price of $1.50 the company dropped to over past 52-weeks. The latest news story on AEY appeared in GlobeNewswire under the title “ADDvantage Technologies Reports Financial Results for the Second Quarter Fiscal 2021” on May-13-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -8.50% below one month high and is +18.95% above of the lowest during that time. Looking into the simple moving average, ADDvantage Technologies Group Inc. (AEY)’s stock stands at a SMA-50 of $2.40 while that of 5-day is reading $2.02.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and AEY’s SMA-200 as of now is $2.53.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.
ADDvantage Technologies Group Inc. Earnings – What Happened With AEY
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $12.75 billion.
AEY – ADDvantage Technologies Group Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 12.42 million. AEY does have institutional investors; and they hold 4.40% of the stock.
ADDvantage Technologies Group Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, AEY declared 342,844 shares have been sold in 8 insider transactions over the past three months.
As on Dec 30, 2020, Dimensional Fund Advisors LP was the top most holder in ADDvantage Technologies Group Inc. (NASDAQ:AEY) with an ownership of 0.14 million shares of the company or 1.13% of the stake worth $0.42 million. The filing also reveals Bridgeway Capital Management, Inc. as the second largest holder in the company with a control over 0.81% of the outstanding shares. Its stake is worth $0.3 million for having 100000.0 shares in hand.
Vanguard Group, Inc. (The) also came holding a key position in the company during the recent quarter and it now holds 0.64% of the outstanding shares. With this there are now 22 institutions which have possession in AEY’s shares.
Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by ADDvantage Technologies Group Inc. was 1.99 while posting a debt to equity ratio of 0.61. The count was 43.80 for long-term debt to equity ratio.