Active Power (ACPW) Posts Quarterly Results
Active Power (NASDAQ:ACPW) announced its earnings results on Tuesday. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.06, StockRatingsNetwork.com reports. The company had revenue of $10.90 million for the quarter, compared to the consensus estimate of $13.73 million.
Active Power (NASDAQ:ACPW) opened at 2.97 on Tuesday. Active Power has a 1-year low of $2.80 and a 1-year high of $4.75. The stock’s 50-day moving average is $3.23 and its 200-day moving average is $3.18. The company’s market cap is $57.6 million.
ACPW has been the subject of a number of recent research reports. Analysts at Roth Capital initiated coverage on shares of Active Power in a research note on Thursday, March 27th. They set a “buy” rating and a $5.00 price target on the stock. Analysts at Zacks upgraded shares of Active Power from an “underperform” rating to a “neutral” rating in a research note on Wednesday, February 12th. They now have a $3.50 price target on the stock.
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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