ADDvantage Technologies Group (AEY) Releases Quarterly Earnings Results
ADDvantage Technologies Group (NASDAQ:AEY) posted its earnings results on Tuesday. The technology company reported ($0.12) earnings per share (EPS) for the quarter, Morningstar.com reports. The company had revenue of $17.27 million for the quarter. ADDvantage Technologies Group had a negative return on equity of 15.00% and a negative net margin of 16.49%.
NASDAQ:AEY opened at $1.36 on Thursday. ADDvantage Technologies Group has a fifty-two week low of $1.23 and a fifty-two week high of $1.83.
An institutional investor recently raised its position in ADDvantage Technologies Group stock. Renaissance Technologies LLC increased its holdings in shares of ADDvantage Technologies Group, Inc. (NASDAQ:AEY) by 4.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 265,169 shares of the technology company’s stock after purchasing an additional 11,100 shares during the period. Renaissance Technologies LLC owned approximately 2.56% of ADDvantage Technologies Group worth $363,000 at the end of the most recent quarter. Institutional investors and hedge funds own 11.28% of the company’s stock.
COPYRIGHT VIOLATION WARNING: This article was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at https://www.thecerbatgem.com/2019/05/16/addvantage-technologies-group-aey-releases-quarterly-earnings-results.html.
ADDvantage Technologies Group, Inc, through its subsidiaries, distributes and services electronics and hardware for the cable television and telecommunication industries in the United States, Canada, Central America, Asia, Europe, Mexico, South America, and internationally. The company operates through two segments, Cable Television and Telecommunications.
See Also: Penny Stocks
Receive News & Ratings for ADDvantage Technologies Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADDvantage Technologies Group and related companies with MarketBeat.com's FREE daily email newsletter.