During the most recent trading session, shares of Capstone Turbine Corporation (NASDAQ:CPST) moved in the range of $0.9101 – 0.9500. Street analysts currently have a consensus target price of $2.0300 on company stock.
Investors and analysts often use multiple indicators to try to gauge where the stock may be headed in the future. One of the oldest and most commonly used metrics is a company’s P/E Ratio or price to earnings ratio. This calculation is made by measuring a company’s current share price relative to its earnings. Currently, Capstone Turbine Corporation has a price to earnings or P/E Ratio of N/A.
Analysts and investors also examine a company’s PEG Ratio or price to earnings growth ratio when evaluating the stock. The price to earnings growth ratio is a stock’s price to earnings ratio divided by the growth rate of its earnings for a specific time period. Using the PEG ratio alone, a company with a PEG Ratio below one may signal the stock as being undervalued. On the other hand, if a company has a PEG Ratio above one, it may be considered overvalued. A PEG Ratio that hovers around one may point to the company being fair value. The current PEG Ratio for the stock is -0.1000.
Analysts and investors may also look to a stock’s current price relative to its moving averages. The moving average is a widely used technical indicator that helps analyze price action. A moving average is considered a trend-following indicator because it is based off of previous prices. Moving averages can be used to identify direction of trends, and they may also be used to determine levels of support and resistance. Recently, shares have traded $-0.3923 away from the 200-day moving average of $1.3322. Shares have recently traded $-0.0064 away from the 50-day moving average of $0.9463.
Keeping an eye on the stock’s current price compared to its 52 week highs and lows may also be important. The 52 week high/low of a stock represents the highest or lowest that a stock has traded in the previous year. Traders may use these numbers to help determine the current value of a stock, and to try to predict price movement in the future. When a stock price gets close to either the 52 week high or low, this tends to draw the attention of investors and traders. Recently, shares of the company traded +25.3200% away from its 52-week low of $0.7500 and -65.1889% away from the 52-week high of $2.7000.