Capstone Turbine Director Purchases $3,450 in Stock (CPST)
Capstone Turbine (NASDAQ:CPST) Director Gary D. Simon purchased 3,000 shares of the company’s stock on the open market in a transaction dated Friday, August 15th. The stock was purchased at an average price of $1.15 per share, for a total transaction of $3,450.00. Following the transaction, the director now directly owns 115,790 shares in the company, valued at approximately $133,159. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Capstone Turbine (NASDAQ:CPST) traded down 2.46% during mid-day trading on Wednesday, hitting $1.19. The stock had a trading volume of 3,159,843 shares. Capstone Turbine has a 52 week low of $1.07 and a 52 week high of $2.60. The stock’s 50-day moving average is $1.35 and its 200-day moving average is $1.68. The company’s market cap is $392.4 million.
Capstone Turbine (NASDAQ:CPST) last announced its earnings results on Thursday, August 7th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.01. The company had revenue of $23.26 million for the quarter, compared to the consensus estimate of $32.78 million. During the same quarter in the previous year, the company posted ($0.02) earnings per share. The company’s revenue for the quarter was down 4.6% on a year-over-year basis. On average, analysts predict that Capstone Turbine will post $-0.03 earnings per share for the current fiscal year.
Capstone Turbine Corporation (NASDAQ:CPST) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power (CHP), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP)), renewable energy, natural resources and critical power supply.
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