Capstone Turbine Corporation (NASDAQ:CPST) Traded 34.3% Above Its 50 Day Average


Company shares are trading at $1.06 quite a bit higher than $0.79, the stock’s 50 day moving average and impressively higher than the 200 day moving average of $0.71. The 50 day moving average went up by +34.2994% and the 200 day average was up $0.35. (NASDAQ:CPST) shares saw light trading volume with 12K shares changing hands in the last trading session. Volume was down 93.31% under the stocks average daily volume.

Short traders are more bullish on shares of Capstone Turbine Corporation of late if you take into consideration the downtick in short interest. The company saw a fall in short interest between September 15, 2017 and September 29, 2017 of -12.52%. Short shares decreased from 3,505,645 to 3,066,913 over that timeframe. With short interest at 3,066,913 and short average daily volume at 661,885, the short-interest ratio is 5.0 and the short interest percentage is 0.07% as of September 29.

The following firms have recently changed their position in CPST. As of quarter end Kcg Holdings, Inc. had bought a total of 6,383 shares growing its holdings by 59.3%. The value of the investment in CPST went from $8,000 to $12,000 increasing 50.0% since the last quarter. As of the end of the quarter Ubs Group Ag had acquired 15,612 shares growing its stake by 141,927.3%. The value in dollars increased from $0 to $11,000 a change of inf% quarter over quarter.

Creative Planning grew its holdings by buying 50 shares an increase of 0.2% as of 09/30/2017. Creative Planning claims 22,087 shares valued at $15,000. The total value of its holdings decreased 0.0%. As of the end of the quarter Wealthtrust-arizona, LLC had bought a total of 1,000 shares growing its position 20.9%. The value of the investment in Capstone Turbine Corporation went from $3,000 to $4,000 a change of $1,000 quarter to quarter.

As of the last earnings report the EPS was $-0.66 and is estimated to be $-0.24 for the current year with 42,615,000 shares currently outstanding. Next quarter’s EPS is expected be $-0.05 and the next full year EPS is projected to be $-0.05.

Capstone Turbine Corporation (Capstone), launched on March 9, 2000, develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply. The Business’s microturbines are used as battery charging generators for hybrid electric vehicle applications. Capstone offers micro turbines for commercial, industrial and utility users with product offerings ranging from 30 kilowatts (kW) to 1 megawatt in electric power output. The Company sells complete microturbine units, subassemblies, components and various accessories. It also remanufactures micro turbine engines and provides after-market parts and services. The Business’s microturbines are sold primarily through distributors and original equipment manufacturers (OEMs). It serves various markets, including energy efficiency, renewable energy, natural resources, critical power supply, transportation and marine..