AEY Stock Summary and Trading Ideas (Addvantage Technologies Group | NASDAQ:AEY)

Addvantage Technologies Group Inc is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Its Wireless Infrastructure Services segment provides turn-key wireless services including the installation, modification and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners and major equipment manufacturers. Its Telecommunications segment sell equipment used to acquire, distribute, and protect the communications signals. The Telecommunications segment generates maximum revenue for the company.

Addvantage Technologies Group trades on the NASDAQ stock market under the symbol AEY.

As of December 1, 2023, AEY stock price climbed to $3.08 with 6,007 million shares trading.

AEY has a beta of 1.29, meaning it tends to be more sensitive to market movements. AEY has a correlation of 0.06 to the broad based SPY ETF.

AEY has a market cap of $4.60 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, AEY stock traded as high as $42.40 and as low as $2.10.

The top ETF exchange traded funds that AEY belongs to (by Net Assets): VXF.

AEY has underperformed the market in the last year with a return of -82.0%, while the SPY ETF gained +14.2%. In the last 3 month period, AEY fell short of the market, returning -18.4%, while SPY returned +2.1%. However, in the most recent 2 weeks AEY has outperformed the stock market by returning +3.3%, while SPY returned +2.0%.

AEY support price is $2.58 and resistance is $3.14 (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 AEY stock will trade within this expected range on the day.