|Bid||0.6031 x 2900|
|Ask||0.6379 x 800|
|Day's Range||0.6030 - 0.6514|
|52 Week Range||0.4000 - 2.5300|
|Beta (3Y Monthly)||-2.75|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 18, 2017 - May 19, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.30|
American Electric Technologies, Inc. (AETI) (the “Company”) announced today that it has filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2019 with the Securities and Exchange Commission on May 20, 2019. The Form 10-Q provides financial information and management’s discussion and analysis of financial condition and results of operations and other required information. Investors and stockholders may view and download the filing at no cost on the SEC website, www.sec.gov, and the Company’s website, www.aeti.com.
American Electric Technologies, Inc. (the “Company” or “AETI”) (AETI) today announced that it has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) related to its business combination with Stabilis Energy, LLC (“Stabilis”) and its subsidiaries (the “Transaction”) announced on December 17, 2018. The information in the preliminary proxy statement is not complete and may be changed. The transaction is expected to close during the third quarter of 2019, subject to approval by the AETI stockholders and other customary closing conditions.
American Electric Technologies, Inc. (AETI) (the "Company"), is a 40% interest owner in a joint venture manufacturer in China and has a wholly-owned company in Brazil focused primarily on services and products for the oil and gas, marine vessel, power generation and broad market segments in Brazil. For the fiscal year 2018, the Company reported revenues of $7,591,000 and a net loss of $2,557,000, compared to revenue of $5,716,000 and a net loss of $2,228,000 in fiscal year 2017.
American Electric Technologies, Inc. (NASDAQ: AETI) (“AETI” or the “Company”) has executed a definitive share exchange agreement with privately-held Stabilis Energy, LLC (“Stabilis”) and its subsidiaries to create one of the leading public small-scale liquefied natural gas (“LNG”) production and distribution companies in North America. The combined business will include Stabilis’ small-scale LNG production and distribution businesses as well as AETI’s existing international businesses (the “Combined Company”). At the closing, Stabilis and its subsidiaries will become wholly-owned subsidiaries of AETI and the existing AETI shareholders will own 11% of the Combined Company.
American Electric Technologies, Inc. (AETI) (the “Company”) today announced that its Chinese joint venture, BOMAY Electric Industries Company, Ltd. (“BOMAY”), received orders for 40 control systems to be used for new Chinese domestic drilling rigs. AETI has the second largest ownership in the JV at 40%, with 51% held by Bomco, a wholly owned subsidiary of the China National Petroleum Corporation. Mr. Cheng Bo, General Manager, said he and his team are very proud to be recognized as a leader in the electric control systems business for oil drilling land rigs, and to be chosen to produce these systems to help develop domestic Chinese oil and gas fields.
Stock Research Monitor: AETI, ATKR, and BW LONDON, UK / ACCESSWIRE / July 26, 2018 / If you want a free Stock Review on AOS sign up now at www.wallstequities.com/registration . WallStEquities.com follows ...
WallStEquities.com shifts focus on the Industrial Electrical Equipment space, which produces electrical products that generate, distribute, and use electrical power. Under observation this morning are these four equities: A. O. Smith Corp. (NYSE: AOS), American Electric Technologies Inc (NASDAQ: AETI), Atkore International Group Inc. (NYSE: ATKR), and Babcock & Wilcox Enterprises Inc. (NYSE: BW).
NEW YORK, NY / ACCESSWIRE / June 5, 2018 / Shares of American Electric Technologies as well as NVIDIA Corporation were seeing green in Monday trading on positive developments. American Electric Technologies' business has received a $14 million contract to provide a turnkey power delivery solution with a leading EPC firm. NVIDIA Corporation’s CEO Jensen Huang announced the availability of an important upgraded version of Issac, a new platform to power the next generation of autonomous machines.