ADDvantage Applied sciences Group, Inc. (NASDAQ:AEY – Get Rating) was the goal of a major enhance briefly curiosity within the month of Might. As of Might thirty first, there was quick curiosity totalling 134,800 shares, a rise of 170.7% from the Might fifteenth whole of 49,800 shares. Roughly 1.6% of the corporate’s inventory are bought quick. Based mostly on a median buying and selling quantity of 20,700 shares, the short-interest ratio is presently 6.5 days.
Individually, StockNews.com initiated protection on shares of ADDvantage Applied sciences Group in a analysis word on Monday, June sixth. They issued a “promote” score on the inventory.
Quite a few hedge funds have lately modified their holdings of the enterprise. Morgan Stanley grew its place in shares of ADDvantage Applied sciences Group by 76.2% within the third quarter. Morgan Stanley now owns 21,992 shares of the know-how firm’s inventory valued at $52,000 after buying a further 9,508 shares in the course of the interval. Citadel Advisors LLC purchased a brand new place in shares of ADDvantage Applied sciences Group within the third quarter valued at about $45,000. Lastly, Virtu Monetary LLC purchased a brand new place in shares of ADDvantage Applied sciences Group within the 4th quarter valued at about $48,000. Hedge funds and different institutional buyers personal 3.29% of the corporate’s inventory.
Shares of AEY stock opened at $1.38 on Friday. The corporate has a present ratio of 1.35, a fast ratio of 0.89 and a debt-to-equity ratio of 0.18. ADDvantage Applied sciences Group has a 1 12 months low of $1.05 and a 1 12 months excessive of $2.91. The agency’s fifty day shifting common value is $1.27 and its two-hundred day shifting common value is $1.39. The agency has a market capitalization of $18.24 million, a P/E ratio of -3.54 and a beta of 0.57.
ADDvantage Applied sciences Group (NASDAQ:AEY – Get Rating) final issued its quarterly earnings outcomes on Wednesday, Might eleventh. The know-how firm reported ($0.11) earnings per share (EPS) for the quarter. ADDvantage Applied sciences Group had a adverse internet margin of 6.20% and a adverse return on fairness of 77.24%. The enterprise had income of $23.76 million in the course of the quarter.
About ADDvantage Applied sciences Group (Get Rating)
ADDvantage Applied sciences Group, Inc, by way of its subsidiaries, distributes and companies electronics and {hardware} for the telecommunications trade in the USA and internationally. It operates by way of two segments, Wi-fi Infrastructure Companies and Telecommunications. The Wi-fi Infrastructure Companies section offers turn-key wi-fi infrastructure companies for U.S.
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