Capstone Green Energy (CGRN) Set to Announce Quarterly Earnings on Thursday

Posted by on Jun 15th, 2023

Capstone Green Energy (NASDAQ:CGRN – Get Rating) will be issuing its quarterly earnings data after the market closes on Thursday, June 22nd. Analysts expect the company to announce earnings of ($0.26) per share for the quarter.

Capstone Green Energy Trading Up 5.2 %

Shares of CGRN stock opened at $1.22 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.42 and a debt-to-equity ratio of 10.12. Capstone Green Energy has a 52-week low of $1.11 and a 52-week high of $4.00. The business’s fifty day moving average is $1.22 and its 200 day moving average is $1.52.

Institutional Investors Weigh In On Capstone Green Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. purchased a new stake in Capstone Green Energy during the first quarter valued at about $304,000. Baird Financial Group Inc. raised its position in Capstone Green Energy by 10.7% during the first quarter. Baird Financial Group Inc. now owns 546,447 shares of the company’s stock valued at $2,251,000 after purchasing an additional 53,020 shares in the last quarter. UBS Group AG raised its position in Capstone Green Energy by 76.7% during the first quarter. UBS Group AG now owns 84,972 shares of the company’s stock valued at $350,000 after purchasing an additional 36,879 shares in the last quarter. Northern Trust Corp raised its position in Capstone Green Energy by 14.2% during the second quarter. Northern Trust Corp now owns 25,324 shares of the company’s stock valued at $63,000 after purchasing an additional 3,143 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in Capstone Green Energy by 8.6% during the second quarter. Renaissance Technologies LLC now owns 228,041 shares of the company’s stock valued at $563,000 after purchasing an additional 18,100 shares in the last quarter. Hedge funds and other institutional investors own 21.20% of the company’s stock.

Capstone Green Energy Company Profile

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Capstone Green Energy Corp. engages in the development, manufacture, marketing, and service of microturbine technology solutions. It targets vertical markets worldwide such as natural resources, energy efficiency, renewable energy, critical power supply, transportation, and microgrids. The firm’s products generate electric power output for commercial, industrial, and utility purposes.

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Earnings History for Capstone Green Energy (NASDAQ:CGRN)

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