UQM Technologies Inc (NYSE:UQM) Given a $2.00 Price Target by HC Wainwright Analysts
HC Wainwright set a $2.00 price target on UQM Technologies Inc (NYSE:UQM) in a research report sent to investors on Tuesday morning. The firm currently has a buy rating on the industrial goods maker’s stock.
Separately, Zacks Investment Research raised shares of UQM Technologies from a hold rating to a buy rating and set a $1.00 target price on the stock in a research note on Friday, July 21st.
Shares of UQM Technologies (UQM) traded down 11.0864% during trading on Tuesday, hitting $0.7202. 216,084 shares of the stock traded hands. UQM Technologies has a 1-year low of $0.42 and a 1-year high of $0.99. The company’s market cap is $34.99 million. The stock has a 50-day moving average of $0.88 and a 200 day moving average of $0.64.
UQM Technologies (NYSE:UQM) last announced its earnings results on Monday, August 7th. The industrial goods maker reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by $0.01. The company had revenue of $1.79 million during the quarter. UQM Technologies had a negative net margin of 158.22% and a negative return on equity of 78.26%. During the same quarter in the prior year, the company earned ($0.01) earnings per share. On average, equities research analysts predict that UQM Technologies will post ($0.08) EPS for the current fiscal year.
About UQM Technologies
UQM Technologies, Inc, (UQM) develops, manufactures and sells electric motors, generators, power electronic controllers and fuel cell compressors for the commercial truck, bus, automotive, marine, military and industrial markets. The Company’s focus is incorporating its technology as propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, delivering the heart of the electric vehicle.
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