Applied Industrial Technologies, Inc. (AIT) stock surged +0.81%, trading at $233.39 on NYSE, up from the previous close of $231.50. The stock opened at $230.32, fluctuating between $230.32 and $235.07 in the recent session.
Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
Employees | 6500 |
Beta | 1.027 |
Sales or Revenue | $4.48B |
5Y Sales Change% | 0.442% |
Fiscal Year Ends | June |
Sector | Industrials |
Industry | Industrial - Distribution |
Applied Industrial Technologies, Inc. (NYSE: AIT) stock price is $233.39 in the last trading session. During the trading session, AIT stock reached the peak price of $235.07 while $230.32 was the lowest point it dropped to. The percentage change in AIT stock occurred in the recent session was 0.81% while the dollar amount for the price change in AIT stock was $1.89.
The NYSE listed AIT is part of Industrial - Distribution industry that operates in the broader Industrials sector. Applied Industrial Technologies, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Joe Mangiapane
Managing Director of Australia & New Zealand
Mr. Fred D. Bauer
Vice President, Gen. Counsel & Sec.
Mr. Christopher Macey
Corporation Controller
Mr. Kurt W. Loring
Vice President & Chief Human Resource Officer
Mr. Jon S. Ploetz J.D.
Vice President, Gen. Counsel & Sec.
Mr. Jason W. Vasquez
Vice President of Sales & Marketing
Sergio H. Nevárez
Pres of Applied Mexico
Mike R. Allen
Pres of Applied Industrial Technologies, LP - Canada
Mr. David K. Wells
Vice President, Chief Financial Officer, Principal Accounting Officer & Treasurer
Mr. Neil A. Schrimsher
Pres, Chief Executive Officer & Director
Mr. Ryan Dale Cieslak
Director of Investor Relations & Assistant Treasurer
Ms. Julie A. Kho
Mang. of Corporation Communications & Media Relations
AIT's closing price is 49.11% higher than its 52-week low of $155.25 where as its distance from 52-week high of $240.45 is -3.72%.
Number of AIT employees currently stands at 6,500.
Official Website of AIT is: https://www.applied.com
AIT could be contacted at phone 216 426 4000 and can also be accessed through its website. AIT operates from 1 Applied Plaza, Cleveland, OH 44115, United States.
AIT stock volume for the day was 45.75K shares. The average number of AIT shares traded daily for last 3 months was 239.85K.
The market value of AIT currently stands at $8.97B with its latest stock price at $233.39 and 38.45M of its shares outstanding.
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