Revenue Update on UQM Technologies Inc(NYSEMKT:UQM)

UQM Technologies Inc(NYSEMKT:UQM) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Jun 7, 2016. Company reported revenue of $1.50M. Analysts estimated a revenue of $2.16M. Earnings per share were $-0.01. Analysts had estimated an EPS of $-0.03.

UQM Technologies Inc (UQM) shares turned negative on Fridays trading session with the shares closing down -0.0001 points or -0.01% at a volume of 71,414. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $0.79. The peak price level was also seen at $0.79 while the days lowest was $0.75. Finally the shares closed at $0.75. The 52-week high of the shares is $1.65 while the 52-week low is $0.43. According to the latest information available, the market cap of the company is $36 M.

Several Insider Transactions has been reported to the SEC. On Nov 23, 2015, Donald W Vanlandingham (director) purchased 28,000 shares at $0.54 per share price.Also, On Nov 12, 2015, Joseph R Mitchell (COO) purchased 30,000 shares at $0.49 per share price.

UQM Technologies Inc. (UQM) develops manufactures and sells electric motors generators and power electronic controllers for the commercial truck bus automobile marine and military markets. UQM’s principal products include propulsion motors and generators with power ratings from 50 kilowatts to 250 kilowatts auxiliary motors and electronic controls and direct current (DC)-to-DC converters. UQM offers two basic frame size propulsion systems: the PowerPhase Pro for passenger car light commercial applications light duty marine and other lighter duty applications and the PowerPhase heavy duty (HD) range of products for commercial bus and truck applications and marine and other HD applications. It provides motor and controller systems for full-electric hybrid electric plug-in hybrid and fuel cell applications. UQM also provides units for non-automotive markets including the energy management market auxiliary systems and motor and controller systems for aircraft.

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