American Superconductor (AMSC) Given Daily Coverage Optimism Rating of 0.15

Media headlines about American Superconductor (NASDAQ:AMSC) have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American Superconductor earned a news impact score of 0.15 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 49.0417448912153 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of American Superconductor traded down $0.09, reaching $6.36, during trading on Friday, MarketBeat reports. The company had a trading volume of 88,808 shares, compared to its average volume of 196,526. American Superconductor has a one year low of $3.06 and a one year high of $8.03. The company has a market capitalization of $136.92 million, a price-to-earnings ratio of -3.46 and a beta of 1.12.

American Superconductor (NASDAQ:AMSC) last issued its quarterly earnings results on Tuesday, July 31st. The technology company reported ($0.18) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.33) by $0.15. The company had revenue of $12.61 million for the quarter, compared to the consensus estimate of $11.97 million. American Superconductor had a negative return on equity of 41.86% and a negative net margin of 42.74%. sell-side analysts predict that American Superconductor will post -1.03 earnings per share for the current fiscal year.

A number of brokerages have commented on AMSC. Zacks Investment Research upgraded American Superconductor from a “sell” rating to a “hold” rating in a report on Tuesday, June 26th. B. Riley lifted their price target on American Superconductor from $6.00 to $7.00 and gave the company a “hold” rating in a report on Monday, June 11th. Finally, ValuEngine upgraded American Superconductor from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd.

American Superconductor Company Profile

American Superconductor Corporation provides megawatt-scale solutions worldwide. The company operates in two segments, Wind and Grid. The Wind segment designs wind turbine systems and licenses these designs to third parties under the Windtec Solutions brand. It supplies power electronics and software-based control systems, and provides customer support services to wind turbine manufacturers.

See Also: Book Value Per Share – BVPS

Insider Buying and Selling by Quarter for American Superconductor (NASDAQ:AMSC)

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