Capstone Turbine Co. (NASDAQ:CPST)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.80 and traded as high as $0.53. Capstone Turbine shares last traded at $0.53, with a volume of 100 shares trading hands.
A number of equities research analysts have recently commented on the company. Zacks Investment Research cut Capstone Turbine from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 13th. Maxim Group set a $1.00 target price on Capstone Turbine and gave the stock a “buy” rating in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Capstone Turbine currently has an average rating of “Hold” and a consensus target price of $1.25.
The company has a current ratio of 2.30, a quick ratio of 1.57 and a debt-to-equity ratio of 1.69. The firm has a market cap of $38.92 million, a PE ratio of -2.08 and a beta of 0.70. The stock has a fifty day simple moving average of $0.66 and a two-hundred day simple moving average of $0.80.
Capstone Turbine (NASDAQ:CPST) last posted its earnings results on Thursday, August 8th. The industrial products company reported ($0.08) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.03). The company had revenue of $19.24 million for the quarter, compared to analysts’ expectations of $22.80 million. Capstone Turbine had a negative net margin of 21.30% and a negative return on equity of 75.59%. As a group, sell-side analysts predict that Capstone Turbine Co. will post -0.15 earnings per share for the current fiscal year.
A hedge fund recently bought a new stake in Capstone Turbine stock. GMT Capital Corp bought a new stake in shares of Capstone Turbine Co. (NASDAQ:CPST) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 274,742 shares of the industrial products company’s stock, valued at approximately $247,000. GMT Capital Corp owned approximately 0.38% of Capstone Turbine as of its most recent SEC filing. 11.83% of the stock is owned by institutional investors.
About Capstone Turbine (NASDAQ:CPST)
Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, components, and various accessories for applications, including cogeneration comprising combined heat and power (CHP) and integrated CHP, as well as combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.
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