US Geothermal Inc (AMEX:HTM) has been assigned an average rating of “Buy” from the five brokerages that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $4.25.
Several equities research analysts have recently weighed in on the company. Roth Capital set a $5.00 price target on US Geothermal and gave the stock a “buy” rating in a report on Saturday, May 13th. Zacks Investment Research raised US Geothermal from a “sell” rating to a “hold” rating in a research report on Monday, March 13th. Finally, Cowen and Company began coverage on US Geothermal in a research report on Wednesday, April 12th. They set an “outperform” rating and a $6.00 target price on the stock.
A number of large investors have recently bought and sold shares of HTM. Private Management Group Inc. boosted its stake in US Geothermal by 2.7% in the first quarter. Private Management Group Inc. now owns 1,635,282 shares of the energy company’s stock valued at $6,688,000 after buying an additional 43,435 shares during the last quarter. Vanguard Group Inc. boosted its stake in US Geothermal by 0.8% in the first quarter. Vanguard Group Inc. now owns 580,053 shares of the energy company’s stock valued at $2,373,000 after buying an additional 4,654 shares during the last quarter. Finally, Granite Investment Partners LLC purchased a new stake in US Geothermal during the first quarter valued at about $1,434,000.
US Geothermal (HTM) traded down 0.51% during trading on Friday, reaching $3.89. The company had a trading volume of 29,610 shares. The firm’s 50 day moving average is $4.02 and its 200 day moving average is $4.20. US Geothermal has a one year low of $3.59 and a one year high of $5.40. The company has a market capitalization of $74.06 million, a PE ratio of 194.50 and a beta of 0.51.
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About US Geothermal
U.S. Geothermal Inc is engaged in the renewable green energy business. The Company, through its subsidiary U.S. Geothermal Inc (Geo-Idaho), is engaged in the acquisition, development and utilization of geothermal resources in the Western United States and the Republic of Guatemala. It operates through two segments: Operating Plants, and Corporate and Development.
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