As your operational requirements turn into much more challenging, count on Applied Industrial Technologies for the trusted brands, expertise and help you want. KeyBanc initiated coverage on Applied Industrial Technologies in a investigation report on Tuesday, July 21st. Longbow Study raised Applied Industrial Technologies from an underperform” rating to a neutral” rating in a report on Wednesday, August 12th. Zacks raised Applied Industrial Technologies from a sell” rating to a hold” rating in a report on Tuesday, October 13th. Downgraded Applied Industrial Technologies from a buy” rating to a hold” rating in a analysis report on Monday, October 26th. Other equities research analysts have also lately issued reports about the stock.
The Company’s sector goods, like linear motion components, power transmission parts, fluid energy components and systems, industrial rubber items, bearings, tools, safety goods, and other industrial and maintenance supplies. The business supplies systems integration for industrial and fluid energy applications, design and style, and engineering, along with customized mechanical, fabricated rubber, and fluid energy shop solutions. Shares of Applied Industrial Technologies ( NYSE:AIT ) opened at 41.31 on Friday.
Service center-primarily based distribution supplies consumers using a wide selection of industrial merchandise by means of a network. Longbow Analysis raised shares of Applied Industrial Technologies from an underperform rating to a neutral rating in a study note on Wednesday, August 12th. KeyBanc initiated coverage on shares of Applied Industrial Technologies in a investigation report on Tuesday, July 21st. Shares of Applied Industrial Technologies (NYSE:AIT) traded up 1.87% during mid-day trading on Monday, hitting $40.82. 189,492 shares of the stock traded hands. Applied Industrial Technologies (NYSE:AIT) last announced its quarterly earnings benefits on Wednesday, August 12th.
Applied Industrial Technologies has a 12-month low of $37.09 and a 12-month higher of $50.00. The firm has a industry cap of $1.62 billion and a value-to-earnings ratio of 14.58. The firm’s 50 day moving average price is $40.03 and its 200 day moving average cost is $40.87. On typical, equities research analysts predict that Applied Industrial Technologies will post $two.81 EPS for the existing fiscal year.
In related news, Director L Thomas Hiltz sold 7,131 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The Business’s organization items, like bearings, power transmission components, fluid power components and systems, industrial rubber goods, linear motion components, tools, safety merchandise, along with other industrial and upkeep supplies.