UQM Technologies Inc (NYSEAMERICAN:UQM) was the target of a large decline in short interest in December. As of December 29th, there was short interest totalling 1,469,443 shares, a decline of 6.1% from the December 15th total of 1,564,897 shares. Based on an average daily volume of 232,075 shares, the short-interest ratio is currently 6.3 days. Currently, 3.3% of the company’s stock are sold short.
Several equities analysts have recently weighed in on the company. Zacks Investment Research cut UQM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 6th. HC Wainwright set a $2.00 target price on UQM Technologies and gave the company a “buy” rating in a research report on Thursday, October 19th.
Shares of UQM Technologies (UQM) opened at $1.43 on Tuesday. UQM Technologies has a 1 year low of $0.42 and a 1 year high of $1.79. The stock has a market capitalization of $77.30, a P/E ratio of -5.72 and a beta of 0.14.
About UQM Technologies
UQM Technologies, Inc, (UQM) develops, manufactures and sells electric motors, generators, power electronic controllers and fuel cell compressors for the commercial truck, bus, automotive, marine, military and industrial markets. The Company’s focus is incorporating its technology as propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, delivering the heart of the electric vehicle.
Receive News & Ratings for UQM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UQM Technologies and related companies with MarketBeat.com's FREE daily email newsletter.