Capstone Turbine (NASDAQ:CPST) announced its quarterly earnings results on Monday. The industrial products company reported ($0.74) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.54) by ($0.20), Fidelity Earnings reports. Capstone Turbine had a negative net margin of 23.81% and a negative return on equity of 96.84%.
Shares of CPST opened at $2.50 on Tuesday. The stock has a market capitalization of $21.43 million, a P/E ratio of -0.97 and a beta of 1.81. The company has a quick ratio of 1.43, a current ratio of 2.17 and a debt-to-equity ratio of 2.01. The firm has a fifty day simple moving average of $2.52 and a two-hundred day simple moving average of $2.37. Capstone Turbine has a twelve month low of $1.00 and a twelve month high of $8.50.
Separately, Zacks Investment Research cut shares of Capstone Turbine from a “hold” rating to a “sell” rating in a research report on Tuesday, June 23rd.
Capstone Turbine Company Profile
Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, components, and various accessories for applications, including cogeneration comprising combined heat and power (CHP) and integrated CHP, as well as combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.
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