Broadwind Energy (NASDAQ:BWEN) Trading 14% Higher
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.
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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