ADDvantage Technologies Group (AEY) Scheduled to Post Quarterly Earnings on Tuesday

ADDvantage Technologies Group (NASDAQ:AEY – Get Rating) is set to issue its quarterly earnings data after the market closes on Tuesday, March 21st.

ADDvantage Technologies Group Stock Performance

NASDAQ AEY opened at $1.38 on Tuesday. The company has a market cap of $19.38 million, a PE ratio of -15.33 and a beta of 0.54. The company has a current ratio of 1.36, a quick ratio of 0.85 and a debt-to-equity ratio of 0.14. ADDvantage Technologies Group has a 12 month low of $1.05 and a 12 month high of $2.30. The stock has a 50 day moving average of $1.46 and a 200-day moving average of $1.68.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on ADDvantage Technologies Group in a research note on Monday. They issued a “sell” rating on the stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its position in ADDvantage Technologies Group by 77.4% during the 4th quarter. Geode Capital Management LLC now owns 21,164 shares of the technology company’s stock worth $30,000 after buying an additional 9,236 shares during the period. State Street Corp acquired a new stake in shares of ADDvantage Technologies Group during the 3rd quarter worth $48,000. Two Sigma Investments LP acquired a new stake in shares of ADDvantage Technologies Group during the 3rd quarter worth $62,000. Renaissance Technologies LLC grew its holdings in shares of ADDvantage Technologies Group by 65.2% during the 4th quarter. Renaissance Technologies LLC now owns 125,902 shares of the technology company’s stock worth $183,000 after purchasing an additional 49,706 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of ADDvantage Technologies Group by 64.3% during the 3rd quarter. Vanguard Group Inc. now owns 144,161 shares of the technology company’s stock worth $254,000 after purchasing an additional 56,410 shares in the last quarter. Institutional investors own 7.22% of the company’s stock.

About ADDvantage Technologies Group

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ADDvantage Technologies Group, Inc engages in the provision of a line of electronics and hardware for the cable television and telecommunications industries. The firm operates through the following segments: Wireless Infrastructure Services and Telecommunications. The Wireless Infrastructure Services segment provides wireless infrastructure 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.