American Superconductor (AMSC) to Release Earnings on Wednesday

American Superconductor (NASDAQ:AMSC) is projected to release its earnings data before the market opens on Wednesday, January 22nd. Analysts expect American Superconductor to post earnings of $0.07 per share and revenue of $56,670.00 billion for the quarter.

American Superconductor Stock Performance

Shares of NASDAQ:AMSC traded up $1.66 during midday trading on Wednesday, hitting $28.05. The company’s stock had a trading volume of 679,992 shares, compared to its average volume of 984,918. The company has a market cap of $1.11 billion, a P/E ratio of -560.89 and a beta of 2.28. American Superconductor has a 12-month low of $9.37 and a 12-month high of $38.02. The business’s 50 day simple moving average is $29.40 and its 200 day simple moving average is $25.45.

Wall Street Analyst Weigh In

Separately, Roth Mkm restated a “buy” rating and set a $29.00 target price on shares of American Superconductor in a report on Monday, September 30th.

About American Superconductor

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.