Could Profire Energy, Inc. (PFIE) Rise Even More? The Stock Had Another Big Increase Today

March 14, 2018 - By Peter Erickson

Investors sentiment decreased to 1.27 in 2017 Q3. Its down 0.29, from 1.56 in 2017Q2. It dived, as 4 investors sold Profire Energy, Inc. shares while 7 reduced holdings. 9 funds opened positions while 5 raised stakes. 9.78 million shares or 1.90% more from 9.59 million shares in 2017Q2 were reported.
Morgan Stanley has invested 0% in Profire Energy, Inc. (NASDAQ:PFIE). Illinois-based Wolverine Asset Mgmt Ltd Co has invested 0.01% in Profire Energy, Inc. (NASDAQ:PFIE). Essex Invest Mgmt Com Ltd invested in 215,737 shares. Vanguard reported 0% stake. Sg Americas Limited Liability accumulated 150,000 shares or 0% of the stock. White Pine Limited Liability Company has invested 0% in Profire Energy, Inc. (NASDAQ:PFIE). Thompson Davis Co holds 36 shares. Beck Mack & Oliver Limited Com, a New York-based fund reported 200,000 shares. Ontario – Canada-based Royal Bankshares Of Canada has invested 0% in Profire Energy, Inc. (NASDAQ:PFIE). Nationwide Fund has invested 0% of its portfolio in Profire Energy, Inc. (NASDAQ:PFIE). Private Advisor Ltd Liability Company invested 0% in Profire Energy, Inc. (NASDAQ:PFIE). Perkins Cap Mngmt Inc holds 526,481 shares or 1.1% of its portfolio. Van Den Berg I reported 0.04% stake. 14,065 were accumulated by Millennium Mngmt Ltd. Susquehanna Int Group Llp stated it has 0% in Profire Energy, Inc. (NASDAQ:PFIE).

The stock of Profire Energy, Inc. (NASDAQ:PFIE) is a huge mover today! The stock increased 6.67% or $0.18 during the last trading session, reaching $2.88. About 370,510 shares traded or 254.61% up from the average. Profire Energy, Inc. (NASDAQ:PFIE) has risen 50.26% since March 14, 2017 and is uptrending. It has outperformed by 33.56% the S&P500.
The move comes after 8 months positive chart setup for the $140.63M company. It was reported on Mar, 14 by We have $3.02 PT which if reached, will make NASDAQ:PFIE worth $7.03M more.

Analysts await Profire Energy, Inc. (NASDAQ:PFIE) to report earnings on May, 9. They expect $0.02 earnings per share, up 100.00 % or $0.01 from last year’s $0.01 per share. PFIE’s profit will be $976,611 for 36.00 P/E if the $0.02 EPS becomes a reality. After $0.03 actual earnings per share reported by Profire Energy, Inc. for the previous quarter, Wall Street now forecasts -33.33 % negative EPS growth.

Profire Energy, Inc. (NASDAQ:PFIE) Ratings Coverage

Among 4 analysts covering Profire Energy (NASDAQ:PFIE), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Profire Energy had 9 analyst reports since August 22, 2015 according to SRatingsIntel. The rating was initiated by Roth Capital on Tuesday, December 1 with “Buy”. Chardan Capital Markets downgraded the stock to “Neutral” rating in Wednesday, January 27 report. The stock of Profire Energy, Inc. (NASDAQ:PFIE) has “Buy” rating given on Friday, March 2 by Roth Capital. The stock of Profire Energy, Inc. (NASDAQ:PFIE) has “Buy” rating given on Thursday, December 15 by Chardan Capital Markets. The firm has “Sell” rating given on Saturday, August 22 by Zacks. The stock of Profire Energy, Inc. (NASDAQ:PFIE) earned “Buy” rating by TH Capital on Tuesday, December 1. As per Sunday, November 5, the company rating was maintained by Roth Capital. Chardan Capital Markets maintained the shares of PFIE in report on Friday, November 10 with “Buy” rating.

More notable recent Profire Energy, Inc. (NASDAQ:PFIE) news were published by: which released: “Profire Energy, Inc. Releases Enhanced Capabilities for the PF 3100 Burner …” on November 02, 2017, also with their article: “Profire Energy, Inc. Engages Three Part Advisors for Investor Relations” published on October 18, 2017, published: “This Energy Micro Cap Is Firing On All Cylinders” on March 12, 2018. More interesting news about Profire Energy, Inc. (NASDAQ:PFIE) were released by: and their article: “Profire Energy’s (PFIE) CEO Brenton Hatch on Q4 2017 Results – Earnings Call …” published on March 09, 2018 as well as‘s news article titled: “Profire Energy Reports Financial Results for Fiscal Year 2017” with publication date: March 07, 2018.

Profire Energy, Inc., an oilfield technology company, provides burner- and chemical-management services and products for the gas and oil industry primarily in the United States and Canadian markets. The company has market cap of $140.63 million. It assists energy production companies in the production and transportation of oil and natural gas. It has a 32 P/E ratio. The firm offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniter and nozzles.

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