Posted On: 05/01/2015 12:30:30 PM
Post# of 103010
$ACPW EPS Forecast hikes Huge Insider Buying.
Insiders have been making big purchases over the last few months. Insider holdings have increased by more than +110% over the last 6 months!
Active Power (ACPW) has had falling revenue over the last few years, but they have a growing backlog. The dollar amount of backlog was approximately $32.6 million as of March 31, 2015.
Even though EPS is negative, the EPS forecast is rising. Just this week, the EPS forecast was raised from -$0.11 to -$0.09.
The chart of ACPW shows a reversal and continuation pattern where the stock is bouncing against the uptrend line:
Source: Active Power Stock Has Massive Insider Buying
Insiders have been making big purchases over the last few months. Insider holdings have increased by more than +110% over the last 6 months!
Active Power (ACPW) has had falling revenue over the last few years, but they have a growing backlog. The dollar amount of backlog was approximately $32.6 million as of March 31, 2015.
Even though EPS is negative, the EPS forecast is rising. Just this week, the EPS forecast was raised from -$0.11 to -$0.09.
The chart of ACPW shows a reversal and continuation pattern where the stock is bouncing against the uptrend line:
Source: Active Power Stock Has Massive Insider Buying
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