Capstone Energy+ (NASDAQ:CEPL) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen lowered shares of Capstone Energy+ (NASDAQ:CEPL) from a hold rating to a sell rating in a report issued on Saturday morning.

Other equities analysts also recently issued research reports about the stock. Weiss Ratings started coverage on shares of Capstone Energy+ in a research note on Friday, July 10th. They issued a “hold (c-)” rating for the company. BWS Financial initiated coverage on shares of Capstone Energy+ in a research note on Monday, July 13th. They set a “buy” rating and a $20.00 price target on the stock. Finally, Zacks Research raised shares of Capstone Energy+ to a “hold” rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $20.00.

Capstone Energy+ Stock Down 6.1%

Shares of CEPL opened at $9.54 on Friday. Capstone Energy+ has a fifty-two week low of $0.95 and a fifty-two week high of $14.20. The stock has a market capitalization of $310.62 million, a P/E ratio of -2.99 and a beta of 1.57.

Capstone Energy+ (NASDAQ:CEPL) last announced its quarterly earnings data on Thursday, June 25th. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $22.99 million for the quarter. Capstone Energy+ had a negative return on equity of 38.40% and a net margin of 2.66%. Sell-side analysts expect that Capstone Energy+ will post 0.18 earnings per share for the current year.

About Capstone Energy+

Capstone Green Energy Corporation provides carbon reduction and on-site resilient green energy solutions. Capstone Green Energy Corporation, formerly known as Capstone Turbine Corporation, is based in VAN NUYS, CA.