American Superconductor (NASDAQ:AMSC – Get Free Report) is expected to release its earnings data before the market opens on Wednesday, February 5th. Analysts expect American Superconductor to post earnings of $0.07 per share and revenue of $56.67 million for the quarter.
American Superconductor Stock Performance
AMSC opened at $27.31 on Friday. American Superconductor has a fifty-two week low of $10.19 and a fifty-two week high of $38.02. The firm has a 50-day moving average of $28.40 and a 200 day moving average of $25.55. The firm has a market cap of $1.08 billion, a P/E ratio of -546.09 and a beta of 2.28.
Wall Street Analyst Weigh In
Separately, Oppenheimer lifted their price objective on shares of American Superconductor from $29.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday.
About American Superconductor
American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.
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