News coverage about Profire Energy (NASDAQ:PFIE) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Profire Energy earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 45.661241529924 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Several analysts recently issued reports on the stock. Chardan Capital boosted their price objective on shares of Profire Energy from $2.30 to $2.50 and gave the company a “buy” rating in a report on Friday, November 10th. Zacks Investment Research lowered shares of Profire Energy from a “hold” rating to a “sell” rating in a report on Thursday, November 9th.

Profire Energy (NASDAQ:PFIE) opened at $1.92 on Monday. The firm has a market capitalization of $92.97, a PE ratio of 27.43 and a beta of 8.88. Profire Energy has a 52-week low of $1.11 and a 52-week high of $2.25.

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About Profire Energy

Profire Energy, Inc is an oilfield technology company. The Company is primarily engaged in the business of developing combustion management technologies for the oil and gas industry. It specializes in the creation of burner-management systems, used on a range of oilfield natural-draft fire tube vessels.

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