Short Interest in Capstone Energy+ (NASDAQ:CEPL) Expands By 68.3%

Capstone Energy+ (NASDAQ:CEPL) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 247,924 shares, an increase of 68.3% from the June 30th total of 147,347 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 451,215 shares, the days-to-cover ratio is currently 0.5 days.

Analysts Set New Price Targets

Several analysts have weighed in on the company. BWS Financial started coverage on Capstone Energy+ in a report on Monday, July 13th. They issued a “buy” rating and a $20.00 target price on the stock. Weiss Ratings assumed coverage on Capstone Energy+ in a research note on Friday, July 10th. They set a “hold (c-)” rating for the company. Wall Street Zen lowered shares of Capstone Energy+ from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. Finally, Zacks Research raised shares of Capstone Energy+ to a “hold” rating in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $20.00.

Capstone Energy+ Price Performance

Shares of Capstone Energy+ stock opened at $7.73 on Friday. Capstone Energy+ has a 1 year low of $0.95 and a 1 year high of $14.20. The company has a market cap of $251.69 million, a P/E ratio of -2.42 and a beta of 1.57.

Capstone Energy+ (NASDAQ:CEPL) last announced its earnings results on Thursday, June 25th. The company reported $0.06 EPS for the quarter. The firm had revenue of $22.99 million for the quarter. Capstone Energy+ had a negative return on equity of 38.40% and a net margin of 2.66%. On average, analysts forecast that Capstone Energy+ will post 0.18 EPS for the current fiscal year.

Capstone Energy+ Company Profile

Capstone Green Energy Corporation provides carbon reduction and on-site resilient green energy solutions. Capstone Green Energy Corporation, formerly known as Capstone Turbine Corporation, is based in VAN NUYS, CA.