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American Superconductor Corporation (AMSC) [hlAlert]

Rating:
Buy AMSC
down 83.17 %

American Superconductor Corporation (AMSC) rated Buy with price target $3.25 by Ascendiant Capital Markets

Posted on: Friday,  Jun 28, 2013  8:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Buy American Superconductor Corporation (NASDAQ: AMSC) on 06/28/2013, when the stock price was $26.80.
Since then, American Superconductor Corporation has lost 83.17% as of 01/13/2016's recent price of $4.51.
If you would have followed this Ascendiant Capital Markets's recommendation on AMSC, you would have lost 83.17% of your investment in 929 days.

American Superconductor Corporation is a leading energy technologies company. The company develops and sells a wide range of products and solutions based on power electronic systems and high temperature superconductor wires that dramatically improve the efficiency, reliability and quality of electricity during its generation, transmission, distribution and use. The company is a dominant force in alternative energy, offering grid interconnection solutions as well as licensed wind energy designs and electrical systems. As the world's principal supplier of HTS wire, AMSC is enabling a new generation of compact, high-power electrical products, including power cables, grid-level surge protectors, motors, generators, and advanced transportation and defense systems. AMSC also provides utility and industrial customers worldwide with voltage regulation systems that dramatically enhance power grid capacity, reliability and security, as well as industrial productivity.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/28/2013 8:25 AM Buy
None
26.80 32.50
as of 12/13/2013
1 Week down  -7.14 %
1 Month down  -27.41 %
3 Months down  -43.25 %
1 YTD down  -46.64 %

(*) Stock Price at the time of the recommendation.
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