Quantum Fuel Hits New 52-Week High at $9.04 (QTWW)
Quantum Fuel (NASDAQ:QTWW)’s share price reached a new 52-week high during trading on Thursday, Analyst RN reports. The stock traded as high as $9.04 and last traded at $8.59, with a volume of 1,150,666 shares traded. The stock had previously closed at $8.30.
Several analysts have recently commented on the stock. Analysts at Ascendiant Capital Markets downgraded shares of Quantum Fuel from a “strong-buy” rating to a “buy” rating in a research note to investors on Monday, December 16th. Separately, analysts at Thomson Reuters/Verus upgraded shares of Quantum Fuel from a “hold” rating to a “buy” rating in a research note to investors on Monday, November 4th. Finally, analysts at Zacks downgraded shares of Quantum Fuel to a “neutral” rating in a research note to investors on Friday, October 25th. They now have a $6.40 price target on the stock.
Quantum Fuel has a one year low of $1.85 and a one year high of $8.60. The stock’s 50-day moving average is $7.21 and its 200-day moving average is $4.37. The company’s market cap is $160.6 million.
Quantum Fuel (NASDAQ:QTWW) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.23. On average, analysts predict that Quantum Fuel will post $-1.04 earnings per share for the current fiscal year.
Quantum Fuel Systems Technologies Worldwide, Inc (NASDAQ:QTWW) is an integrated alternative energy company engaged in the development and production of advanced clean propulsion systems, and renewable energy generation systems and services.
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