NYSE:AIT   Applied Industrial Technologies, Inc
Hello fellow traders and investors, here's a trade idea on ticker: AIT
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AIT has recently sold off to the 80SMA which has been a strong level of support in the past. If it makes a recovery to the take-profit area it offers a 17% ROI.

The RSI is oversold
The MA's are still in a downtrend
The 80SMA has previously acted as a key level for AIT and is currently acting as a support

When To Buy:
When the moving averages crossover

When To Sell:
At the take profit area

Fundamentals: AIT engages in the manufacture and distribution of industrial parts and products.
Market Cap: 3.45Billion dollars
Sales Last 12 Months: 3.07Billion dollars
P/E: 30.56
P/S: 1.12
Debt/Equity: 0.91
Sales growth Q/Q: 1.20%
EPS growth Q/Q: 165.70%
Profit Margin: 3.80%
Short Float: 1.13%

Rating: 70/100 since technicals are pretty good and the fundamentals are decent because their growth is pretty stagnant.

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