UQM Technologies (UQM) Shares Up 9.5%
UQM Technologies Inc (NYSEAMERICAN:UQM) shot up 9.5% during trading on Friday . The stock traded as high as $1.57 and last traded at $1.50. 1,072,422 shares were traded during trading, an increase of 127% from the average session volume of 473,043 shares. The stock had previously closed at $1.37.
Several brokerages have commented on UQM. Zacks Investment Research upgraded shares of UQM Technologies from a “hold” rating to a “buy” rating and set a $1.25 target price on the stock in a research report on Friday, November 10th. HC Wainwright restated a “buy” rating and set a $1.50 target price on shares of UQM Technologies in a research report on Monday, November 6th.
The stock has a market cap of $81.62, a P/E ratio of -6.04 and a beta of 0.14.
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UQM Technologies Company Profile
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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