In a report released today, Scott Graham from Seaport Global maintained a Hold rating on Advanced Energy (AEIS – Research Report). The company’s shares closed yesterday at $95.63.
Graham covers the Industrials sector, focusing on stocks such as Ametek, Hubbell B, and Pentair. According to TipRanks, Graham has an average return of 10.8% and a 59.93% success rate on recommended stocks.
In addition to Seaport Global, Advanced Energy also received a Hold from Susquehanna’s Mehdi Hosseini in a report issued yesterday. However, on the same day, KeyBanc maintained a Buy rating on Advanced Energy (NASDAQ: AEIS).
The company has a one-year high of $126.01 and a one-year low of $81.69. Currently, Advanced Energy has an average volume of 230.3K.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AEIS in relation to earlier this year.
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Advanced Energy (AEIS) Company Description:
Advanced Energy Industries, Inc. engages in the provision of precision power conversion, measurement, and control solutions. Its products are used in complex semiconductor and thin film plasma processes such as dry etch, strip, chemical and physical deposition; high and low voltage applications such as process control, analytical instrumentation and medical equipment; and in temperature-critical thermal applications such as material and chemical processing. The company also supplies related instrumentation products for advanced temperature measurement and control; electrostatic instrumentation products for test and measurement applications; and gas sensing and monitoring solutions for multiple industrial markets. Advanced Energy Industries was founded by Douglas S. Schatz in 1981 and is headquartered in Fort Collins, CO.
