Price Action Don’t Lie: Could American Electric Technologies, Inc. Crash Even More? The Stock Had Another Big Decline Today

Price Action Don't Lie: Could American Electric Technologies, Inc. Crash Even More? The Stock Had Another Big Decline Today

The stock of American Electric Technologies, Inc. (NASDAQ:AETI) is a huge mover today! About 72,900 shares traded hands or 181.07% up from the average. American Electric Technologies, Inc. (NASDAQ:AETI) has declined 13.36% since March 7, 2016 and is downtrending. It has underperformed by 20.95% the S&P500.
The move comes after 5 months negative chart setup for the $19.99M company. It was reported on Oct, 10 by Barchart.com. We have $2.14 PT which if reached, will make NASDAQ:AETI worth $2.20M less.

Analysts await American Electric Technologies, Inc. (NASDAQ:AETI) to report earnings on November, 21.

According to Zacks Investment Research, “American Access Technologies, Inc. manufactures patented zone cabling and wireless enclosures that mount in ceilings, raised floors, and in custom furniture, for routing of telecommunications cabling, fiber optics and wireless solutions to the office desktop. The Company’s concept of zone cabling reduces costs for initial network installation and facilitates moves, adds, changes and upgrades for the network installations of today and tomorrow. Its Omega Metals division manufactures its proprietary products, and also employs state-of-the-art metal fabrication and finishing techniques to public and private companies and U.S. government contractors.”

Insitutional Activity: The institutional sentiment decreased to 0.43 in Q2 2016. Its down 0.57, from 1 in 2016Q1. The ratio is negative, as 4 funds sold all American Electric Technologies, Inc. shares owned while 3 reduced positions. 1 funds bought stakes while 2 increased positions. They now own 3.15 million shares or 1.24% more from 3.11 million shares in 2016Q1.
Geode Capital Management Limited Liability Company has 0% invested in the company for 11,601 shares. New York State Common Retirement Fund reported 207,541 shares or 0% of all its holdings. Manufacturers Life Insurance The accumulated 0% or 887 shares. Tower Research Capital Limited Liability Com (Trc), a New York-based fund reported 223 shares. Tieton Capital Management Ltd Llc has invested 1.93% of its portfolio in American Electric Technologies, Inc. (NASDAQ:AETI). Globeflex Capital L P has invested 0% of its portfolio in American Electric Technologies, Inc. (NASDAQ:AETI). Vanguard Gru last reported 129,857 shares in the company. Sfmg Lc holds 0.23% or 388,986 shares in its portfolio. The California-based Blackrock Fund Advisors has invested 0% in American Electric Technologies, Inc. (NASDAQ:AETI). California Pub Employees Retirement has 0% invested in the company for 21,500 shares. Moreover, Ariel Invests Limited Liability has 0.05% invested in American Electric Technologies, Inc. (NASDAQ:AETI) for 1.53M shares. Renaissance Technology owns 72,600 shares or 0% of their US portfolio. The Texas-based Advisory Grp has invested 0.04% in American Electric Technologies, Inc. (NASDAQ:AETI).

More notable recent American Electric Technologies, Inc. (NASDAQ:AETI) news were published by: Globenewswire.com which released: “American Electric Technologies to Report First Quarter 2016 Results” on May 10, 2016, also Equitiesfocus.com with their article: “American Electric Technologies, Inc. (NASDAQ:AETI) Basic Consolidated EPS At …” published on October 09, 2016, Quotes.Wsj.com published: “News American Electric Technologies Inc.AETI” on February 13, 2011. More interesting news about American Electric Technologies, Inc. (NASDAQ:AETI) were released by: Investorplace.com and their article: “5 Best Stocks Under $5 This Week – AETI EMAN GSI INVT HTBX” published on January 08, 2016 as well as Seekingalpha.com‘s news article titled: “American Electric Technologies: Micro-Cap Stock With Solid Long-Term Prospects” with publication date: July 16, 2014.

AETI Company Profile

American Electric Technologies, Inc. (AETI), incorporated on October 21, 1996, is a well-known provider of power delivery solutions to the global energy industry. The Firm serves a range of markets, such as power generation and distribution, gas and oil, and marine and industrial. The Firm provides power delivery solutions for the power generation and distribution market sectors. The Firm works with turbine manufacturers, engine-generator manufacturers and dealers, engineering, procurement and construction (EPC) firms, and high voltage service companies to provide electric power delivery products and solutions. The Firm designs, makes, commissions and maintains its equipment for implementation in base-load, peaking power, cogeneration and substation transmission facilities across the world. The Firm provides power delivery solutions for the upstream, midstream and downstream oil and natural gas sectors. Upstream relates to the exploration and production of oil and natural gas. The Firm serves clients in the land drilling, offshore drilling, land production and offshore production divisions of the market. Midstream is primarily related to gas and oil transportation, including gas and oil pipelines, and compression and pumping stations. Downstream includes oil refining and petrochemical plants, as well as liquefied natural gas (LNG) plants, export facilities and storage facilities.

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