Capstone Turbine Corporation CPST was a big mover last session, as the company saw its shares rise more than 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.32 to $1.49 in the past one-month time frame.
The move came after the company reported that its first commercial order to sell air bearing assemblies will be used by an industrial manufacturer of gas facility solutions, which is in the Fortune 500 list.
The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Capstone Turbine currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Capstone Turbine Corporation Price
Capstone Turbine Corporation Price | Capstone Turbine Corporation Quote
Another stock worth considering in the Manufacturing – Electronics industry is Schneider Electric SE SBGSY which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.
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