Active Power Falls 7.3% (ACPW)
February 15, 2011 4:44 PM
Shares of Active Power, Inc. (Nasdaq: ACPW) are currently down 7.3% at $2.36 per share during Tuesday afternoon trading. Today's trading range for shares of Active Power, Inc has been between $2.28 and $2.64 per share. The consensus price target of analysts covering the company's stock is $2.50 per share.
Volume of 1 million shares is well above the daily average volume of 612,000 shares.
Active Power, Inc. (ACPW) released financial results early on Tuesday morning. Active Power, Inc reported 4th quarter earnings of 0 cents per share, on revenue of $19.3 million.
A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 0 cents per share, on revenue of $18.76 million.
Active Power, Inc provides efficient, reliable and green critical power solutions and uninterruptible power supply (UPS) systems to enable business continuity in the event of power disturbances.
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