In a report released today, James McIlree from Chardan Capital reiterated a Hold rating on Profire Energy (PFIE). The company’s shares closed yesterday at $1.34, close to its 52-week low of $1.25.
According to TipRanks.com, McIlree has currently no stars on a ranking scale of 0-5 stars, with an average return of -7.0% and a 35.6% success rate. McIlree covers the Consumer Goods sector, focusing on stocks such as Foresight Autonomous Holdings Ltd, Vuzix Corporation, and Arcimoto Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Profire Energy with a $3.50 average price target.
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The company has a one-year high of $3.64 and a one-year low of $1.25. Currently, Profire Energy has an average volume of 154.3K.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PFIE in relation to earlier this year.
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Profire Energy, Inc. engages in the development of burner-management technologies used on a oilfield natural-draft fire tube vessels in oil and gas industry. It offers line-heaters, dehydrators, separators, treaters, amine reboilers, and free-water knockout systems which facilitate the proper function of the vessel.
