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Allied Motion Te Shares Up 33.4% Since SmarTrend's Buy Recommendation (AMOT)

By Amy Schwartz

SmarTrend identified an Uptrend for Allied Motion Te (NASDAQ:AMOT) on October 23rd, 2019 at $37.29. In approximately 3 months, Allied Motion Te has returned 33.35% as of today's recent price of $49.72.

Allied Motion Te share prices have moved between a 52-week high of $49.98 and a 52-week low of $30.98 and are now trading 60% above that low price at $49.72 per share. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.4%.

Allied Motion Technologies, Inc. designs, manufactures, and sells motion control products into applications that serve various industry sectors. The Company supplies precision and specialty motion control components and systems to a range of customers throughout the world.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Allied Motion Te shares.

Log in and add Allied Motion Te (AMOT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights allied motion te

Ticker(s): AMOT