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TechnologyInvestment analysts at KeyBanc reduced their Q2 2016 earnings estimates for shares of Applied Industrial Technologies (NYSE:AIT) in a study report issued to clientele and investors on Wednesday, Zacks reports. The company’s 50-day moving average is $40.01 and its 200-day moving average is $40.76. The stock has a market place cap of $1.56 billion and a P/E ratio of 14.01. Applied Industrial Technologies has a a single year low of $37.00 and a 1 year higher of $50.00. Applied Industrial Technologies (NYSE:AIT) final announced its quarterly earnings information on Wednesday, October 28th. Applied Industrial Technologies’s quarterly income was down 8.six% on a year-more than-year basis.

The Company’s business goods, such as safety merchandise, energy transmission parts, fluid energy components and systems, industrial rubber goods, linear motion components, tools, bearings, along with other industrial and upkeep supplies. The enterprise offers design, engineering, and systems integration for industrial and fluid energy applications, in addition to customized mechanical, fabricated rubber, and fluid energy shop solutions. Other equities investigation analysts have also not too long ago issued reports about the stock.

Service center-primarily based distribution gives a variety of industrial products to buyers through a network of service centers. Zacks upgraded shares of Applied Industrial Technologies from a sell” rating to a hold” rating in a report on Tuesday, October 13th. Cut shares of Applied Industrial Technologies from a buy” rating to a hold” rating in a report on Monday. Ultimately, Longbow Investigation upgraded shares of Applied Industrial Technologies from an underperform” rating to a neutral” rating in a report on Wednesday, August 12th. Applied Industrial Technologies (NYSE:AIT) final released its quarterly earnings data on Wednesday, October 28th.Technology

Applied Industrial Technologies ( NYSE:AIT ) traded up two.01% during trading on Friday, hitting $40.62. 41,978 shares of the stock have been exchanged. The stock’s 50 day moving average cost is $39.97 and its 200 day moving typical price tag is $40.75. The stock has a marketplace cap of $1.61 billion and a P/E ratio of 14.98. Applied Industrial Technologies has a 12 month low of $37.00 and a 12 month higher of $50.00. Longbow Study raised shares of Applied Industrial Technologies from an underperform rating to a neutral rating in a analysis note on Wednesday, August 12th.

KeyBanc initiated coverage on shares of Applied Industrial Technologies in a study report on Tuesday, July 21st. Shares of Applied Industrial Technologies (NYSE:AIT) traded up 1.87% in the course of mid-day trading on Monday, hitting $40.82. 189,492 shares of the stock traded hands. Applied Industrial Technologies has a 12-month low of $37.09 and a 12-month high of $50.00. The firm has a industry cap of $1.62 billion and a price-to-earnings ratio of 14.58. The firm’s 50 day moving typical price tag is $40.03 and its 200 day moving typical price tag is $40.87.Technology