Capstone Energy+ (NASDAQ:CEPL) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Capstone Energy+ (NASDAQ:CEPL) from a hold rating to a sell rating in a report released on Saturday.

A number of other brokerages have also recently commented on CEPL. Weiss Ratings assumed coverage on shares of Capstone Energy+ in a research note on Friday, July 10th. They issued a “hold (c-)” rating on the stock. BWS Financial started coverage on shares of Capstone Energy+ in a research report on Monday, July 13th. They set a “buy” rating and a $20.00 target price for the company. Finally, Zacks Research raised shares of Capstone Energy+ to a “hold” rating in a report on Tuesday, July 14th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Capstone Energy+ presently has a consensus rating of “Hold” and a consensus price target of $20.00.

Capstone Energy+ Stock Down 14.3%

CEPL opened at $8.18 on Friday. Capstone Energy+ has a one year low of $0.95 and a one year high of $14.20.

Capstone Energy+ (NASDAQ:CEPL) last announced its quarterly earnings results on Thursday, June 25th. The company reported $0.06 earnings per share for the quarter. The business had revenue of $22.99 million during the quarter. Capstone Energy+ had a negative return on equity of 38.40% and a net margin of 2.66%. Sell-side analysts expect that Capstone Energy+ will post 0.18 earnings per share for the current year.

About Capstone Energy+

Capstone Green Energy Corporation provides carbon reduction and on-site resilient green energy solutions. Capstone Green Energy Corporation, formerly known as Capstone Turbine Corporation, is based in VAN NUYS, CA.