Capstone Turbine (NASDAQ:CPST) Shares Up 8%
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.
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.
Recommended Story: Why are gap-down stocks important?
Receive News & Ratings for Capstone Turbine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Turbine and related companies with MarketBeat.com's FREE daily email newsletter.