Global Power Equipment Group Inc. Hits New 52-Week High at $19.90 (GLPW)
Shares of Global Power Equipment Group (NASDAQ:GLPW) hit a new 52-week high during trading hours on Wednesday, AnalystRatings.Net reports. The company traded as high as $19.90 and last traded at $19.76, with a volume of 94,876 shares trading hands. The stock had previously closed at $19.31.
A number of analysts have recently weighed in on GLPW shares. Analysts at TheStreet upgraded shares of Global Power Equipment Group (NASDAQ:GLPW) from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, August 14th. Analysts at Roth Capital upgraded shares of Global Power Equipment Group (NASDAQ:GLPW) from a “neutral” rating to a “buy” rating in a research note to investors on Monday, August 12th. They now have a $21.00 price target on the stock, up previously from $16.00.
Global Power Equipment Group has a one year low of $13.55 and a one year high of $19.45. The stock’s 50-day moving average is $18.41 and its 200-day moving average is $17.10. The company has a market cap of $336.9 million and a P/E ratio of 21.55.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 27th. Stockholders of record on Friday, September 13th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Wednesday, September 11th.
Global Power Equipment Group Inc is a provider of power generation equipment and maintenance services for customers in the domestic and international energy, power infrastructure and service industries.
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