The stock of TPI Composites Inc (NASDAQ:TPIC) is a huge mover today! The stock increased 1.38% or $0.29 during the last trading session, hitting $21.26. About 774,449 shares traded hands or 149.94% up from the average. TPI Composites Inc (NASDAQ:TPIC) has risen 6.00% since September 1, 2016 and is uptrending. It has underperformed by 4.42% the S&P500.
The move comes after 9 months positive chart setup for the $680.26M company. It was reported on Oct, 1 by Barchart.com. We have $34.44 PT which if reached, will make NASDAQ:TPIC worth $421.76 million more.
Analysts await TPI Composites Inc (TPIC) to report earnings on November, 9.
According to Zacks Investment Research, “TPI Composites, Inc. is the manufacturer of composite wind blades for the wind energy market. It operates primarily in the U.S., Mexico, China and Turkey. TPI Composites, Inc. is headquartered in Scottsdale, Arizona.”
More notable recent TPI Composites Inc (NASDAQ:TPIC) news were published by: Marketwatch.com which released: “TPI Composites started at outperform with $20 stock price target at Raymond James” on July 22, 2016, also Globenewswire.com with their article: “TPI Composites Prices Initial Public Offering” published on July 21, 2016, Globenewswire.com published: “TPI Composites Inc. Announces Second Quarter 2016 Earnings Release Date and …” on August 05, 2016. More interesting news about TPI Composites Inc (NASDAQ:TPIC) were released by: Globenewswire.com and their article: “TPI Composites Inc. Names Ramesh Gopalakrishnan Vice President of Technology …” published on September 12, 2016 as well as Seekingalpha.com‘s news article titled: “Is The TPI Composites IPO Overblown?” with publication date: July 21, 2016.
TPIC Company Profile
TPI Composites, Inc. (TPI) is engaged in manufacturing wind blades, and related precision molding and assembly systems. The Firm operates through four geographic operating divisions: the United States, Asia, Mexico and Europe, the Middle East and Africa (EMEA). The Company’s clients include wind turbine original equipment manufacturers (OEMs).
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