Profire Energy (PFIE) Receiving Somewhat Favorable Media Coverage, Analysis Shows

News articles about Profire Energy (NASDAQ:PFIE) have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Profire Energy earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 46.6888781472489 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Profire Energy (NASDAQ:PFIE) opened at $1.93 on Friday. The stock has a market capitalization of $92.49, a PE ratio of 27.29 and a beta of 1.66. Profire Energy has a 52 week low of $1.11 and a 52 week high of $2.25.

A number of analysts have issued reports on the company. Zacks Investment Research raised Profire Energy from a “hold” rating to a “buy” rating and set a $1.75 price target on the stock in a research note on Tuesday, August 15th. Chardan Capital raised their price target on Profire Energy from $2.30 to $2.50 and gave the stock a “buy” rating in a research note on Friday, November 10th.

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About Profire Energy

Profire Energy, Inc is an oilfield technology company. The Company is primarily engaged in the business of developing combustion management technologies for the oil and gas industry. It specializes in the creation of burner-management systems, used on a range of oilfield natural-draft fire tube vessels.

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