Which stock will you Buy? Altra Industrial Motion Corp. (NASDAQ:AIMC)

Altra Industrial Motion Corp. (NASDAQ:AIMC), closed the last trading session at $33.41 with decrease of $-0.5 or -1.47 percent against the opening price of $33.91. The trading day volume of the company stands at 240568 shares while the average trading volume of Altra Industrial Motion Corp. (NASDAQ:AIMC) is 493.81 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 63.81 Million.

The price target of Altra Industrial Motion Corp. (NASDAQ:AIMC) is currently set at 51 by the analysts. The stock is $-27.92 Below its 1-Year High which is $46.35. AIMC hit its 1-Year low price of $23.52. The company is currently rated by analyst who are keeping a close eye on the stock as 1.3. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Altra Industrial Motion Corp. (NASDAQ:AIMC)

The value of the stock decreased by -3.55% during the previous week performance. Looking at the 1 month performance of Altra Industrial Motion Corp. (NASDAQ:AIMC), the stock dipped -4.73%. While the 1 year performance shows a negative percentage of -24.5 and year to date performance stands at 32.84%.

Altra Industrial Motion Corp. (NASDAQ:AIMC) Analytical Review

The stock needs to grow about $17.59 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -5.47%, -4.15% and 1.78 percent respectively. The stock trades about 3.36 percent of its Float giving its total shares Outstanding are 63.81 Million. AIMC gained about 17.02 percent in 6 months showing its Average True Range of 0.97. The company currently has a RSI and Beta of 38.56 and 2.

While talking about Altra Industrial Motion Corp. (NASDAQ:AIMC) valuation ratios, the stock trades with a P/S and P/B of 1.5 and 1.15 which is significantly better and attractive as compared to its peers.