Somewhat Favorable Media Coverage Likely to Affect UQM Technologies (UQM) Stock Price

News stories about UQM Technologies (NYSE:UQM) have trended somewhat positive recently, according to Alpha One Sentiment Analysis. Alpha One, a subsidiary of Accern, identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UQM Technologies earned a daily sentiment score of 0.04 on Alpha One’s scale. Alpha One also gave news headlines about the industrial goods maker an impact score of 76 out of 100, indicating that recent news coverage is likely to have an impact on the stock’s share price in the immediate future.

UQM has been the subject of a number of recent analyst reports. HC Wainwright set a $2.00 target price on shares of UQM Technologies and gave the stock a “buy” rating in a research report on Sunday, April 2nd. Zacks Investment Research upgraded shares of UQM Technologies from a “hold” rating to a “buy” rating and set a $0.50 target price for the company in a research report on Thursday, April 6th.

Shares of UQM Technologies (NYSE:UQM) opened at 0.73 on Friday. The firm’s 50-day moving average is $0.57 and its 200-day moving average is $0.50. The company’s market cap is $35.43 million. UQM Technologies has a one year low of $0.42 and a one year high of $0.90.

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About UQM Technologies

UQM Technologies, Inc, (UQM) develops, manufactures and sells electric motors, generators, power electronic controllers and fuel cell compressors for the commercial truck, bus, automotive, marine, military and industrial markets. The Company’s focus is incorporating its technology as propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, delivering the heart of the electric vehicle.

12 Month Chart for NYSE:UQM

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