Capstone Turbine Corporation (NASDAQ:CPST) traded up 2.1% on Wednesday . The company traded as high as $0.99 and last traded at $0.94. 312,591 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 453,969 shares. The stock had previously closed at $0.96.

A number of equities research analysts recently weighed in on the stock. HC Wainwright set a $2.00 price target on shares of Capstone Turbine Corporation and gave the company a “buy” rating in a research report on Thursday, August 10th. Roth Capital set a $1.00 price target on shares of Capstone Turbine Corporation and gave the company a “hold” rating in a research report on Thursday, August 10th. Oppenheimer Holdings, Inc. raised shares of Capstone Turbine Corporation from a “market perform” rating to an “outperform” rating in a research report on Wednesday, October 4th. Zacks Investment Research cut shares of Capstone Turbine Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. Finally, CIBC raised shares of Capstone Turbine Corporation from a “market perform” rating to an “outperform” rating in a research report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $1.58.

The firm’s 50 day moving average price is $0.68 and its 200 day moving average price is $0.69. The company’s market capitalization is $40.70 million.

Capstone Turbine Corporation (NASDAQ:CPST) last announced its quarterly earnings data on Wednesday, August 9th. The industrial products company reported ($0.10) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.02. Capstone Turbine Corporation had a negative net margin of 30.38% and a negative return on equity of 116.84%. The company had revenue of $19.20 million during the quarter, compared to analyst estimates of $19.20 million. During the same period last year, the business earned ($0.17) EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. Equities analysts predict that Capstone Turbine Corporation will post ($0.24) EPS for the current year.

An institutional investor recently raised its position in Capstone Turbine Corporation stock. Wedbush Securities Inc. increased its holdings in Capstone Turbine Corporation (NASDAQ:CPST) by 15.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 205,714 shares of the industrial products company’s stock after buying an additional 28,050 shares during the period. Wedbush Securities Inc. owned about 0.50% of Capstone Turbine Corporation worth $140,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 13.45% of the company’s stock.

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Capstone Turbine Corporation Company Profile

Capstone Turbine Corporation (Capstone) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply.

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