Heatwurx (NASDAQ:PCSA) Shares Up 0.2% – Here’s What Happened

Heatwurx Inc. (NASDAQ:PCSA – Get Free Report)’s share price rose 0.2% on Tuesday. The stock traded as high as $1.59 and last traded at $1.4930. Approximately 17,944 shares were traded during mid-day trading, a decline of 35% from the average daily volume of 27,698 shares. The stock had previously closed at $1.49.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Heatwurx in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

View Our Latest Stock Analysis on PCSA

Heatwurx Price Performance

The stock has a fifty day moving average price of $2.05 and a two-hundred day moving average price of $2.34. The company has a market cap of $4.14 million, a P/E ratio of -0.35 and a beta of 1.20.

Heatwurx (NASDAQ:PCSA – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported ($1.19) EPS for the quarter, missing analysts’ consensus estimates of ($1.00) by ($0.19).

Heatwurx Company Profile

(Get Free Report)

Heatwurx was a pavement-maintenance technology company focused on infrared solutions for repairing asphalt. Its technology was designed to heat and soften existing pavement so damaged areas could be reworked and restored, potentially reducing the need to remove and replace asphalt.

The company’s product offerings included infrared asphalt-repair equipment and related materials intended for applications such as pothole repair, utility cuts, seams, and other localized pavement damage. Heatwurx marketed its solutions primarily to road-maintenance contractors, municipalities, and other organizations responsible for maintaining paved surfaces.

Public information about Heatwurx’s geographic coverage and leadership is limited.

Further Reading

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