Shares of Capstone Turbine Co. (NASDAQ:CPST) shot up 8% during trading on Thursday . The company traded as high as $4.20 and last traded at $4.18, 322,524 shares were traded during trading. An increase of 70% from the average session volume of 189,167 shares. The stock had previously closed at $3.87.

A number of brokerages have recently commented on CPST. Maxim Group lowered Capstone Turbine from a “buy” rating to a “hold” rating and set a $2.50 price target on the stock. in a research note on Tuesday, June 30th. Zacks Investment Research downgraded Capstone Turbine from a “buy” rating to a “hold” rating in a research report on Wednesday, July 15th.

The company has a debt-to-equity ratio of 2.54, a current ratio of 2.11 and a quick ratio of 1.31. The company has a market capitalization of $44.19 million, a P/E ratio of -1.47 and a beta of 1.86. The stock has a 50-day moving average price of $3.04 and a 200-day moving average price of $2.39.

Capstone Turbine (NASDAQ:CPST) last issued its quarterly earnings data on Monday, June 29th. The industrial products company reported ($0.74) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.54) by ($0.20). Capstone Turbine had a negative return on equity of 128.92% and a negative net margin of 31.77%. Sell-side analysts anticipate that Capstone Turbine Co. will post -1.08 EPS for the current fiscal year.

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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