Insider Buying: Bradley J. Timon Purchases 15,000 Shares of Quantum Fuel Systems Tech Worldwide Stock (QTWW)
Quantum Fuel Systems Tech Worldwide (NASDAQ:QTWW) CFO Bradley J. Timon acquired 15,000 shares of Quantum Fuel Systems Tech Worldwide stock in a transaction that occurred on Friday, May 30th. The shares were purchased at an average cost of $4.35 per share, for a total transaction of $65,250.00. Following the completion of the transaction, the chief financial officer now directly owns 81,861 shares in the company, valued at approximately $356,095. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
QTWW has been the subject of a number of recent research reports. Analysts at Dougherty & Co downgraded shares of Quantum Fuel Systems Tech Worldwide from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 14th. Separately, analysts at Sidoti initiated coverage on shares of Quantum Fuel Systems Tech Worldwide in a research note on Tuesday, March 25th. They set a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $6.40.
Quantum Fuel Systems Tech Worldwide (NASDAQ:QTWW) traded down 3.45% during mid-day trading on Monday, hitting $4.20. The stock had a trading volume of 532,590 shares. Quantum Fuel Systems Tech Worldwide has a one year low of $1.85 and a one year high of $11.25. The stock has a 50-day moving average of $5.55 and a 200-day moving average of $7.41. The company’s market cap is $96.8 million.
Quantum Fuel Systems Tech Worldwide (NASDAQ:QTWW) last posted its quarterly earnings results on Tuesday, May 13th. The company reported ($0.16) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.43) by $0.27. The company had revenue of $7.95 million for the quarter, compared to the consensus estimate of $4.41 million. During the same quarter in the prior year, the company posted ($0.24) earnings per share. Analysts expect that Quantum Fuel Systems Tech Worldwide will post $-0.29 EPS 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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