American Electric Technologies (AETI) Sees Strong Trading Volume

Share on StockTwits

American Electric Technologies, Inc. (NASDAQ:AETI) saw an uptick in trading volume on Monday . 6,728,072 shares were traded during mid-day trading, an increase of 3,077% from the previous session’s volume of 211,763 shares.The stock last traded at $0.95 and had previously closed at $0.83.

An institutional investor recently raised its position in American Electric Technologies stock. BlackRock Inc. lifted its stake in American Electric Technologies, Inc. (NASDAQ:AETI) by 13,084.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 637,462 shares of the industrial products company’s stock after buying an additional 632,627 shares during the period. BlackRock Inc. owned approximately 7.11% of American Electric Technologies worth $555,000 as of its most recent SEC filing. Institutional investors and hedge funds own 26.05% of the company’s stock.

WARNING: “American Electric Technologies (AETI) Sees Strong Trading Volume” was originally published by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another website, it was illegally copied and republished in violation of U.S. and international copyright law. The original version of this report can be accessed at https://www.tickerreport.com/banking-finance/4248575/american-electric-technologies-aeti-sees-strong-trading-volume.html.

American Electric Technologies Company Profile (NASDAQ:AETI)

American Electric Technologies, Inc supplies power delivery solutions in the United States and internationally. It provides power distribution, power conversion, and automation and control systems that distribute and control the flow of electricity from the source to the mechanical device. The company's power distribution products include low and medium voltage switchgears, medium voltage arc-resistant switchgears, low and medium voltage motor control centers, bus ducts, fuse and switch products, and other related power distribution equipment; and power conversion solutions comprise alternating current variable frequency drive systems, analog systems, and digital silicon controlled rectifier (SCR) products.

Featured Article: Why do companies issue convertible shares?

Receive News & Ratings for American Electric Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Electric Technologies and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

GlaxoSmithKline  Receives New Coverage from Analysts at Morgan Stanley
GlaxoSmithKline Receives New Coverage from Analysts at Morgan Stanley
Imperial Brands  Given “Underweight” Rating at Morgan Stanley
Imperial Brands Given “Underweight” Rating at Morgan Stanley
Entertainment One’s  Buy Rating Reaffirmed at Numis Securities
Entertainment One’s Buy Rating Reaffirmed at Numis Securities
Netflix  Stock Rating Reaffirmed by Piper Jaffray Companies
Netflix Stock Rating Reaffirmed by Piper Jaffray Companies
Ferrexpo  Earns Overweight Rating from Barclays
Ferrexpo Earns Overweight Rating from Barclays
JPJ Group  Earns “Buy” Rating from Peel Hunt
JPJ Group Earns “Buy” Rating from Peel Hunt


© 2006-2019 Ticker Report