UQM Technologies Inc (NYSEAMERICAN:UQM) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 1,180,098 shares, a decrease of 4.1% from the May 31st total of 1,231,114 shares. Currently, 2.7% of the company’s stock are sold short. Based on an average daily volume of 139,769 shares, the short-interest ratio is presently 8.4 days.
Shares of NYSEAMERICAN UQM traded down $0.01 during trading hours on Wednesday, hitting $0.95. 19,969 shares of the stock were exchanged, compared to its average volume of 144,043. UQM Technologies has a 12 month low of $0.71 and a 12 month high of $1.79.
UQM Technologies (NYSEAMERICAN:UQM) last posted its quarterly earnings data on Thursday, May 10th. The industrial goods maker reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The firm had revenue of $1.61 million for the quarter, compared to the consensus estimate of $2.42 million. UQM Technologies had a negative return on equity of 25.47% and a negative net margin of 19.74%.
UQM has been the subject of several research reports. HC Wainwright set a $2.00 price target on shares of UQM Technologies and gave the stock a “buy” rating in a research report on Wednesday, March 21st. Zacks Investment Research cut shares of UQM Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, May 23rd.
An institutional investor recently bought a new position in UQM Technologies stock. EAM Investors LLC purchased a new stake in shares of UQM Technologies Inc (NYSEAMERICAN:UQM) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 387,817 shares of the industrial goods maker’s stock, valued at approximately $539,000. EAM Investors LLC owned approximately 0.72% of UQM Technologies at the end of the most recent quarter.
UQM Technologies Company Profile
UQM Technologies, Inc, together with its subsidiaries, 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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