Active Power Hits New 52-Week Low at $2.82 (ACPW)
Shares of Active Power (NASDAQ:ACPW) hit a new 52-week low during trading hours on Tuesday, AnalystRatingsNetwork.com reports. The company traded as low as $2.82 and last traded at $2.87, with a volume of 47,164 shares trading hands. The stock had previously closed at $2.83.
Several analysts have recently commented on the stock. Analysts at Ardour Capital downgraded shares of Active Power (NASDAQ:ACPW) from an “accumulate” rating to a “hold” rating in a research note to investors on Friday, September 6th. Analysts at Zacks upgraded shares of Active Power (NASDAQ:ACPW) from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, July 2nd. They now have a $4.30 price target on the stock.
Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $4.78.
Active Power has a one year low of $2.82 and a one year high of $4.98. The stock has a 50-day moving average of $3.34 and a 200-day moving average of $4.07. The company’s market cap is $55.5 million.
Active Power, Inc (NASDAQ:ACPW) is a manufacturer and provider of continuous power solutions incorporating uninterruptible power supply (UPS) systems that ensure business continuity for enterprises in the event of power disturbances.
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