28-Mar-2024
No headlines found.
Business Wire (Tue, 26-Mar 12:00 PM ET)
Advanced Energy Declares Quarterly Cash Dividend
Business Wire (Fri, 9-Feb 6:00 AM ET)
Advanced Energy Reports Fourth Quarter and Full Year 2023 Results
Business Wire (Tue, 6-Feb 4:05 PM ET)
Advanced Energy Announces Fourth Quarter 2023 Earnings Date on February 6
Business Wire (Tue, 16-Jan 6:00 AM ET)
Advanced Energy to Participate at Upcoming Investor Conferences
Business Wire (Tue, 9-Jan 6:00 AM ET)
Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.
Advanced Energy Industries trades on the NASDAQ stock market under the symbol AEIS.
As of March 28, 2024, AEIS stock price declined to $101.98 with 197,086 million shares trading.
AEIS has a beta of 1.72, meaning it tends to be more sensitive to market movements. AEIS has a correlation of 0.35 to the broad based SPY ETF.
AEIS has a market cap of $3.81 billion. This is considered a Mid Cap stock.
Last quarter Advanced Energy Industries reported $405 million in Revenue and $1.24 earnings per share. This fell short of revenue expectation by $-869,000 and exceeded earnings estimates by $.08.
In the last 3 years, AEIS stock traded as high as $126.38 and as low as $67.55.
The top ETF exchange traded funds that AEIS belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.
AEIS has underperformed the market in the last year with a return of +8.7%, while the SPY ETF gained +33.6%. In the last 3 month period, AEIS fell short of the market, returning -9.0%, while SPY returned +10.1%. However, in the most recent 2 weeks AEIS has outperformed the stock market by returning +3.9%, while SPY returned +1.7%.
AEIS support price is $100.08 and resistance is $103.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AEIS stock will trade within this expected range on the day.