Broadwind Energy Inc. (NASDAQ:BWEN) traded up 14% during mid-day trading on Wednesday . The company traded as high as $1.93 and last traded at $1.87, 257,600 shares changed hands during trading. An increase of 675% from the average session volume of 33,221 shares. The stock had previously closed at $1.64.

A number of equities analysts have recently issued reports on the stock. ValuEngine downgraded shares of Broadwind Energy from a “sell” rating to a “strong sell” rating in a research note on Thursday. Zacks Investment Research upgraded shares of Broadwind Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, December 31st.

The company has a quick ratio of 0.38, a current ratio of 0.85 and a debt-to-equity ratio of 0.43. The stock’s 50 day moving average price is $1.66 and its 200-day moving average price is $1.68. The stock has a market capitalization of $34.52 million, a P/E ratio of -2.15 and a beta of 1.76.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Essex Investment Management Co. LLC boosted its stake in shares of Broadwind Energy by 117.2% during the third quarter. Essex Investment Management Co. LLC now owns 407,652 shares of the industrial products company’s stock valued at $689,000 after purchasing an additional 219,989 shares in the last quarter. Vanguard Group Inc. boosted its stake in Broadwind Energy by 41.9% in the second quarter. Vanguard Group Inc. now owns 540,684 shares of the industrial products company’s stock valued at $1,200,000 after acquiring an additional 159,647 shares in the last quarter. Grace & White Inc. NY boosted its stake in Broadwind Energy by 1.1% in the fourth quarter. Grace & White Inc. NY now owns 1,777,746 shares of the industrial products company’s stock valued at $2,951,000 after acquiring an additional 19,004 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Broadwind Energy by 35.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,070 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 6,800 shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. boosted its stake in Broadwind Energy by 21.9% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 502,339 shares of the industrial products company’s stock valued at $839,000 after acquiring an additional 90,347 shares in the last quarter. Hedge funds and other institutional investors own 40.31% of the company’s stock.

Broadwind Energy Company Profile (NASDAQ:BWEN)

Broadwind Energy, Inc provides products to the energy, mining, and infrastructure sector customers primarily in the United States. It operates through three segments: Towers and Heavy Fabrications, Gearing, and Process Systems. The Towers and Heavy Fabrications segment manufactures towers that are designed for various megawatt wind turbines primarily serving wind turbine manufacturers; and fabrications of heavy weldments for mining and other industrial customers.

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