Analysts at StockNews.com assumed coverage on shares of Profire Energy (NASDAQ:PFIE - Get Free Report) in a report issued on Monday. The firm set a "buy" rating on the oil and gas company's stock.
Separately, Lake Street Capital reaffirmed a "hold" rating and set a $2.55 price target on shares of Profire Energy in a report on Wednesday, October 30th.
Check Out Our Latest Stock Report on PFIE
Profire Energy Stock Performance
Shares of PFIE remained flat at $2.52 during mid-day trading on Monday. 197,878 shares of the stock traded hands, compared to its average volume of 346,482. Profire Energy has a 12 month low of $1.33 and a 12 month high of $2.52. The stock has a 50 day moving average of $2.07 and a 200-day moving average of $1.73. The stock has a market capitalization of $116.42 million, a price-to-earnings ratio of 14.00 and a beta of 0.43.
Institutional Trading of Profire Energy
Large investors have recently bought and sold shares of the business. Advisor Resource Council bought a new stake in shares of Profire Energy during the second quarter worth $38,000. Williams & Novak LLC bought a new stake in Profire Energy during the 2nd quarter worth $46,000. Virtu Financial LLC acquired a new position in Profire Energy in the 3rd quarter worth about $46,000. Jane Street Group LLC raised its stake in shares of Profire Energy by 359.3% during the third quarter. Jane Street Group LLC now owns 48,870 shares of the oil and gas company's stock valued at $82,000 after acquiring an additional 38,230 shares during the last quarter. Finally, Perritt Capital Management Inc grew its stake in shares of Profire Energy by 4.6% in the second quarter. Perritt Capital Management Inc now owns 335,800 shares of the oil and gas company's stock worth $477,000 after purchasing an additional 14,720 shares during the last quarter. 38.51% of the stock is owned by institutional investors and hedge funds.
About Profire Energy
(
Get Free Report)
Profire Energy, Inc, a technology company, engages in the engineering and design of burner, and combustion management systems and solutions for natural and forced draft applications in the United States and Canada. It primarily focuses on the upstream, midstream, and downstream transmission segments of the oil and gas industry.
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