Active Power Inc. (ACPW) Rating Increased to Buy at Zacks Investment Research
Active Power Inc. (NASDAQ:ACPW) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Monday. The brokerage presently has a $0.25 price objective on the stock. Zacks Investment Research’s price objective suggests a potential upside of 31.58% from the company’s previous close.
According to Zacks, “Active Power, Inc. designs, manufactures and markets power quality products that provide the consistent, reliable electric power required by today’s digital economy. The company is the first company to commercialize a flywheel energy storage system that provides a highly reliable, low-cost and non-toxic replacement for lead-acid batteries used in conventional power quality installations. The company has developed a battery-free power quality system which is marketed under the Caterpillar brand name. “
Active Power (NASDAQ:ACPW) opened at 0.19 on Monday. The firm’s market cap is $4.39 million. The company has a 50-day moving average price of $0.23 and a 200-day moving average price of $0.37. Active Power has a 12-month low of $0.15 and a 12-month high of $1.55.
Active Power Company Profile
Active Power, Inc designs, manufactures, sells and services flywheel-based uninterruptible power supply (UPS) products that use kinetic energy to provide short-term power as a cleaner alternative to electro-chemical battery-based energy storage. The Company also designs, manufactures, sells and services modular infrastructure solutions (MIS) that integrate critical power components into a pre-packaged, purpose built enclosure.
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