hweb2
3 years ago
I like AATC in the high $6's and added after the Q2 report this month. They posted Q2 earnings of .14/share vs .03/share last year. Solid balance sheet with $1.58/share in cash. You mentioned the recent insider buys...always a good sign. I don't think the stock is crazy cheap or anything, but you do get an extremely attractive dividend yield of nearly 7%. And low float potential. I think eventually the right PR could send this one spiking over $10 again. So I'll be accumulating on weakness, and collecting the hefty dividend while we wait.
Not sure what kind of PR could launch it. Thought this product mentioned in the earnings release earlier this month sounded interesting...
"Autoscope royalties posted a strong quarter, due in part to the introduction of pedestrian detection on our Autoscope Vision product line. Through deployment of deep learning, an Artificial Intelligence technique that enables appearance-based object detection, the Autoscope Vision platform now detects pedestrians waiting at the landing and monitors their movements within the crosswalk. The resultant data enables real-time activation of pedestrian calls and provide insights into the behaviors of vulnerable road users," said Chad Stelzig, CEO for Image Sensing Systems, Inc., a wholly-owned subsidiary of ATC.