Evergreen Energy (KFX) Releases Quarterly Earnings Results
Evergreen Energy (NYSE:KFX) posted its quarterly earnings results on Tuesday. The company reported $0.07 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.08 by $0.01, American Banking and Market News reports. Evergreen Energy updated its FY14 guidance to $0.27 EPS.
Evergreen Energy (NYSE:KFX) opened at 7.84 on Wednesday. Evergreen Energy has a 1-year low of $6.41 and a 1-year high of $9.40. The stock’s 50-day moving average is $7.58 and its 200-day moving average is $7.99. The company has a market cap of $675.8 million and a P/E ratio of 47.77.
On the ratings front, analysts at Northland Securities reiterated an “outperform” rating on shares of Evergreen Energy in a research note on Friday, July 11th.
Evergreen Energy Inc (NYSE:KFX) is a cleaner coal technology, energy production and environmental solutions company primarily focused on developing and marketing K-Fuel.
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