UQM Technologies Inc (NYSEAMERICAN:UQM)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.00 and traded as high as $1.66. UQM Technologies shares last traded at $1.66, with a volume of 901 shares changing hands.

Separately, Zacks Investment Research upgraded shares of Icon from a “hold” rating to a “buy” rating and set a $157.00 price objective for the company in a research report on Thursday, May 30th.

UQM Technologies (NYSEAMERICAN:UQM) last announced its earnings results on Tuesday, May 14th. The industrial goods maker reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.03). The business had revenue of $3.68 million for the quarter, compared to the consensus estimate of $4.67 million.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Gabelli Funds LLC acquired a new position in shares of UQM Technologies in the first quarter worth about $5,081,000. FNY Investment Advisers LLC acquired a new stake in shares of UQM Technologies during the first quarter worth approximately $2,068,000. Gamco Investors INC. ET AL acquired a new stake in shares of UQM Technologies during the first quarter worth approximately $1,815,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of UQM Technologies during the first quarter worth approximately $1,127,000. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of UQM Technologies by 7.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 564,346 shares of the industrial goods maker’s stock worth $480,000 after purchasing an additional 40,080 shares during the period.

About UQM Technologies (NYSEAMERICAN:UQM)

UQM Technologies, Inc, together with its subsidiaries, develops, manufactures, and sells electric motors, generators, power electronic controllers, and fuel cell compressors in the United states and internationally. The company offers propulsion motors and generators, auxiliary motors, and electronic controls and DC-to-DC converters for electric, hybrid electric, plug-in hybrid electric, and fuel cell applications.

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