UQM Technologies (UQM) Position Raised by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. boosted its holdings in shares of UQM Technologies (NYSEAMERICAN:UQM) by 18.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 324,266 shares of the industrial goods maker’s stock after acquiring an additional 50,000 shares during the quarter. Raymond James Financial Services Advisors Inc. owned 0.60% of UQM Technologies worth $451,000 at the end of the most recent quarter.

UQM Technologies stock traded up $0.01 on Friday, reaching $1.25. The company’s stock had a trading volume of 119,243 shares, compared to its average volume of 179,113. UQM Technologies has a twelve month low of $0.46 and a twelve month high of $1.79.

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A number of brokerages recently weighed in on UQM. HC Wainwright set a $2.00 price objective on UQM Technologies and gave the company a “buy” rating in a research note on Wednesday, March 21st. Zacks Investment Research downgraded UQM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th.

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UQM Technologies Profile

UQM Technologies, Inc develops, manufactures, and sells electric motors, generators, power electronic controllers, and fuel cell compressors in the United states and internationally. The company offers propulsion motors and generators, auxiliary motors, and electronic controls and DC-to-DC converters for electric, hybrid electric, plug-in hybrid electric, and fuel cell applications.

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