Capstone Turbine Corporation (CPST) : Zacks Investment Research ranks Capstone Turbine Corporation (CPST) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.2, which indicates as a Buy.
Capstone Turbine Corporation (CPST) : 4 investment research analysts covering Capstone Turbine Corporation (CPST) have an average price target of $2.55 for the near short term. The highest target price given by the Brokerage Firm to the stock is $4 and the lowest target is $1 for the short term. Analysts expect the variance to be within $1.28 of the average price.
Company shares have received an average consensus rating of Hold for the current week Capstone Turbine Corporation (NASDAQ:CPST): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $1.50 and $1.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $1.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $1.52, notching a gain of 2.70% for the day. The total traded volume was 343,151 . The stock had closed at $1.48 on the previous day.
In a related news, Protsch Eliot G, director of Capstone Turbine Corp had purchased 125,000 shares on August 17, 2015 in a transaction. The price per share was $0.41 and the total amount of the disclosed transaction was $51,250.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Capstone Turbine Corporation (Capstone) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply. The Companys microturbines are used as battery charging generators for hybrid electric vehicle applications. Capstone offers micro turbines for commercial, industrial and utility users with product offerings ranging from 30 kilowatts to one megawatt in electric power output. The Company sells complete microturbine units, subassemblies, components and various accessories. It also remanufactures microturbine engines and provides after-market parts and services. It serves various markets, including energy efficiency, renewable energy, natural resources, critical power supply, transportation and marine.