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.

TRADEMARK VIOLATION WARNING: This piece was posted by Daily Political and is the property of of Daily Political. If you are accessing this piece on another publication, it was illegally copied and republished in violation of United States & international copyright and trademark law. The legal version of this piece can be accessed at https://www.dailypolitical.com/2017/08/09/uqm-technologies-inc-nyseuqm-given-a-2-00-price-target-by-hc-wainwright-analysts.html.

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.

Receive News & Ratings for UQM Technologies Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UQM Technologies Inc and related companies with MarketBeat.com's FREE daily email newsletter.