Profire Energy (PFIE) Upgraded by ValuEngine to Sell

Share on StockTwits

ValuEngine upgraded shares of Profire Energy (NASDAQ:PFIE) from a strong sell rating to a sell rating in a report released on Friday morning.

Other equities research analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Profire Energy from a hold rating to a buy rating and set a $2.75 target price for the company in a research note on Thursday, November 15th. Maxim Group reiterated a buy rating and issued a $5.00 target price on shares of Profire Energy in a research note on Friday, November 9th.

Profire Energy stock opened at $1.69 on Friday. Profire Energy has a one year low of $1.36 and a one year high of $5.30. The stock has a market cap of $78.85 million, a PE ratio of 18.78 and a beta of 2.06.

A number of large investors have recently modified their holdings of PFIE. Rhumbline Advisers lifted its stake in Profire Energy by 53.4% in the 4th quarter. Rhumbline Advisers now owns 27,755 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 9,660 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Profire Energy in the 4th quarter valued at about $40,000. First Trust Advisors LP lifted its stake in Profire Energy by 18.7% in the 4th quarter. First Trust Advisors LP now owns 58,932 shares of the oil and gas company’s stock valued at $85,000 after purchasing an additional 9,271 shares during the last quarter. Virtu Financial LLC acquired a new stake in Profire Energy in the 4th quarter valued at about $86,000. Finally, Tower Research Capital LLC TRC lifted its stake in Profire Energy by 420.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 29,911 shares of the oil and gas company’s stock valued at $101,000 after purchasing an additional 24,166 shares during the last quarter. Institutional investors and hedge funds own 44.39% of the company’s stock.

About Profire Energy

Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles.

Read More: What is insider trading?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Profire Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Profire Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

BMO Capital Markets Raises TreeHouse Foods  Price Target to $55.00
BMO Capital Markets Raises TreeHouse Foods Price Target to $55.00
Thompson Investment Management Inc. Boosts Holdings in Facebook, Inc.
Thompson Investment Management Inc. Boosts Holdings in Facebook, Inc.
Reliance Steel & Aluminum Co  Shares Sold by Jensen Investment Management Inc.
Reliance Steel & Aluminum Co Shares Sold by Jensen Investment Management Inc.
Ecolab Inc.  is Jensen Investment Management Inc.’s 6th Largest Position
Ecolab Inc. is Jensen Investment Management Inc.’s 6th Largest Position
Vanguard Dividend Appreciation ETF  Shares Sold by Macroview Investment Management LLC
Vanguard Dividend Appreciation ETF Shares Sold by Macroview Investment Management LLC
Macroview Investment Management LLC Acquires New Position in iShares Core MSCI Europe ETF
Macroview Investment Management LLC Acquires New Position in iShares Core MSCI Europe ETF


Leave a Reply

© 2006-2019 Ticker Report