UQM Technologies Inc (NYSE:UQM) has been given a $2.00 price objective by research analysts at HC Wainwright in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the industrial goods maker’s stock. HC Wainwright’s price target suggests a potential upside of 174.91% from the stock’s previous close.
Separately, Zacks Investment Research raised UQM Technologies from a “hold” rating to a “buy” rating and set a $1.00 price objective on the stock in a research note on Thursday, July 13th.
UQM Technologies (NYSE UQM) opened at 0.7275 on Tuesday. The company’s 50-day moving average is $0.87 and its 200 day moving average is $0.64. The firm’s market cap is $35.34 million. UQM Technologies has a 12 month low of $0.42 and a 12 month high of $0.99.
UQM Technologies (NYSE:UQM) last released its quarterly earnings data on Monday, August 7th. The industrial goods maker reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.01. The business 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 previous year, the business earned ($0.01) earnings per share. Equities research analysts expect that UQM Technologies will post ($0.08) EPS for the current fiscal year.
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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.
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