Global Power Equipment Group Inc. Sets New 1-Year High at $20.30 (GLPW)
Global Power Equipment Group (NASDAQ:GLPW) set a new 52-week high during trading on Friday, StockRatingsNetwork.com reports. The stock traded as high as $20.30 and last traded at $20.29, with a volume of 12,075 shares. The stock had previously closed at $20.04.
A number of research firms have recently commented on GLPW. 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 $20.30. The stock’s 50-day moving average is $19.11 and its 200-day moving average is $17.35. The company has a market cap of $344.0 million and a price-to-earnings ratio of 22.37.
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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