The stock of Broadwind Energy Inc. (NASDAQ:BWEN) is a huge mover today! About 219,698 shares traded hands or 232.00% up from the average. Broadwind Energy Inc. (NASDAQ:BWEN) has risen 102.40% since March 10, 2016 and is uptrending. It has outperformed by 94.88% the S&P500.
The move comes after 7 months positive chart setup for the $66.53 million company. It was reported on Oct, 13 by Barchart.com. We have $12.45 PT which if reached, will make NASDAQ:BWEN worth $120.42 million more.
Analysts await Broadwind Energy Inc. (NASDAQ:BWEN) to report earnings on November, 3.
Broadwind Energy Inc. (NASDAQ:BWEN) Ratings Coverage
Out of 2 analysts covering Broadwind Energy (NASDAQ:BWEN), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Broadwind Energy has been the topic of 2 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Cowen & Co initiated the shares of BWEN in a report on Tuesday, August 16 with “Outperform” rating.
According to Zacks Investment Research, “Broadwind Energy, Inc., headquartered in Naperville, Illinois, owns, supports, grows and strategically positions companies that manufacture, install and maintain components for the energy industry, with a primary emphasis on the wind energy sector. The Company’s operational platforms include wind tower manufacturing; heavy steel fabrication; wind facility construction support; wind turbine installation and maintenance; precision gear manufacturing; and specialized transportation services. Its platform companies currently include Badger Transport, Inc., a specialty heavy hauler; Brad Foote Gear Works, Inc., a precision gearing systems manufacturer; Energy Maintenance Service, LLC, a wind energy operation and maintenance service provider; R.B.A. Inc., a heavy steel fabricator; and Tower Tech Systems Inc., a wind tower manufacturer.”
BWEN Company Profile
Broadwind Energy, Inc., incorporated on June 20, 2008, provides technologically advanced services and products to energy, mining and infrastructure sector customers, primarily in the United States. The Firm is engaged primarily in United States wind energy industry. The Firm operates through two divisions: Towers and Weldments, and Gearing. Within the United States wind energy industry, it provides services and products to wind turbine manufacturers. It also provides precision gearing and specialty weldments to a range of industrial clients for gas and oil, mining, steel and other industrial applications.
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