CUI Global Inc (CUI)’s Multiple Bottom Chart Pattern Points to Higher Stock Risks

September 17, 2017 - By Nellie Frank

Investors sentiment decreased to 1.2 in Q4 2016. Its down 0.24, from 1.44 in 2016Q3. It fall, as 4 investors sold CUI Global Inc shares while 11 reduced holdings. 5 funds opened positions while 13 raised stakes. 11.83 million shares or 2.29% less from 12.11 million shares in 2016Q3 were reported.
Blackrock Institutional Na has 24,486 shares. Us Bankshares De accumulated 1,000 shares. Natl Bank Of America De reported 4,616 shares or 0% of all its holdings. Brown Advisory Inc, Maryland-based fund reported 12,475 shares. Vanguard Gp Incorporated stated it has 0% in CUI Global Inc (NASDAQ:CUI). Da Davidson invested 0% of its portfolio in CUI Global Inc (NASDAQ:CUI). Raymond James And Assocs owns 57,000 shares for 0% of their portfolio. Van Den Berg Management I Inc reported 180,285 shares. White Pine Ltd invested 1.08% in CUI Global Inc (NASDAQ:CUI). Dimensional Fund Advsr Ltd Partnership invested in 0% or 24,355 shares. Cortina Asset Mgmt Lc invested in 476,571 shares. Heartland Advisors Inc owns 2.26 million shares. Wells Fargo And Mn reported 0% in CUI Global Inc (NASDAQ:CUI). Wasatch Advsrs reported 0.02% of its portfolio in CUI Global Inc (NASDAQ:CUI). Oppenheimer & Co invested 0% in CUI Global Inc (NASDAQ:CUI).

Since May 12, 2017, it had 9 buys, and 0 insider sales for $137,117 activity. The insider CLOUGH WILLIAM J bought $57,320. FORD DANIEL NED had bought 5,000 shares worth $16,590. Shares for $4,823 were bought by White Paul Dwayne on Wednesday, May 31.

The stock of CUI Global Inc (CUI) shows a multiple bottoms pattern with $3.34 target or 6.00 % below today’s $3.55 share price. The 6 months chart pattern indicates high risk for the $74.54 million company. It was reported on Sep, 17 by If the $3.34 price target is reached, the company will be worth $4.47 million less.
Multiple bottoms are very good trading chart patterns. These patterns have a low break even failure rate and decent average rise in a bull market, giving them a solid performance rank. Back-tests of such patterns show that the break even failure rate is 4%, the average rise: 37%, the throwback rate: 64% and the percentage of stocks meeting their price targets: 64%.

The stock decreased 1.11% or $0.04 on September 15, reaching $3.55. About 38,268 shares traded or 3.45% up from the average. CUI Global Inc (NASDAQ:CUI) has declined 32.86% since September 17, 2016 and is downtrending. It has underperformed by 49.56% the S&P500.

Investors wait CUI Global Inc (NASDAQ:CUI) to report on November, 8. its quarterly earnings Wall Street analysts expect $-0.07 earnings per share, down $0.05 or 250.00 % from last year’s $-0.02 same quarter earnings. CUI Global Inc’s Wall Street analysts see 16.67 % negative EPS growth, taking into account the $-0.06 EPS reproted in the previous quarter,

CUI Global Inc (NASDAQ:CUI) Ratings Coverage

Among 4 analysts covering CUI Global (NASDAQ:CUI), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. CUI Global had 5 analyst reports since December 23, 2015 according to SRatingsIntel. Dougherty & Company maintained CUI Global Inc (NASDAQ:CUI) on Wednesday, May 11 with “Buy” rating. On Friday, November 11 the stock rating was maintained by Dougherty & Company with “Buy”. On Wednesday, December 23 the stock rating was initiated by Rodman & Renshaw with “Buy”. H.C. Wainwright maintained the stock with “Buy” rating in Thursday, August 10 report.

More notable recent CUI Global Inc (NASDAQ:CUI) news were published by: which released: “CUI Global, Inc. to Announce First Quarter 2017 Financial Results on May 10” on April 27, 2017, also with their article: “CUI Global’s (CUI) CEO William Clough on Q1 2017 Results – Earnings Call …” published on May 10, 2017, published: “CUI Global To Participate At The Midwest IDEAS Investor Conference On August …” on August 17, 2017. More interesting news about CUI Global Inc (NASDAQ:CUI) were released by: and their article: “Arrow Electronics and CUI Global, Inc.’s Wholly-owned Subsidiary, CUI Inc …” published on January 17, 2017 as well as‘s news article titled: “Orbital Gas Systems’ VE Technology® independently tested and proven” with publication date: June 12, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: