Ocean Power Technologies, Inc. (OPTT) At $1.14 Forms Bottom; 3 Bullish Analysts Covering Sterling Construction Company, Inc. (STRL)

Ocean Power Technologies, Inc. (NASDAQ:OPTT) Logo

Among 5 analysts covering Sterling Construction (NASDAQ:STRL), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Sterling Construction had 15 analyst reports since August 12, 2015 according to SRatingsIntel. The company was downgraded on Thursday, February 9 by KeyBanc Capital Markets. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, April 18. The company was maintained on Thursday, October 5 by KeyBanc Capital Markets. Canaccord Genuity maintained the shares of STRL in report on Thursday, August 24 with “Buy” rating. The rating was downgraded by BWS Financial on Tuesday, May 3 to “Hold”. On Tuesday, October 31 the stock rating was maintained by Canaccord Genuity with “Buy”. On Thursday, August 3 the stock rating was maintained by Canaccord Genuity with “Buy”. DA Davidson upgraded the stock to “Buy” rating in Monday, May 9 report. Canaccord Genuity maintained the shares of STRL in report on Wednesday, August 9 with “Buy” rating. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, January 11. See Sterling Construction Company, Inc. (NASDAQ:STRL) latest ratings:

18/04/2018 Broker: Canaccord Genuity Rating: Buy New Target: $20.0000 Maintain
07/03/2018 Broker: DA Davidson Rating: Buy New Target: $20.0
11/01/2018 Broker: Canaccord Genuity Rating: Buy New Target: $20.0 Maintain

Ocean Power Technologies, Inc. (OPTT) formed multiple bottom with $1.11 target or 3.00% below today’s $1.14 share price. Ocean Power Technologies, Inc. (OPTT) has $20.70M valuation. It closed at $1.14 lastly. It is down 51.15% since May 8, 2017 and is downtrending. It has underperformed by 62.70% the S&P500.

Sterling Construction Company, Inc., together with its subsidiaries, operates as a heavy civil construction firm in Texas, Utah, Nevada, Colorado, Arizona, California, Hawaii, and other states in the United States. The company has market cap of $320.90 million. The firm builds, repairs, and reconstructs transportation infrastructure projects, including highways, roads, bridges, airfields, ports, and light rail; and water infrastructure projects comprising water, wastewater, and storm drainage systems. It has a 27.6 P/E ratio. It primarily serves the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads.

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.24, from 1 in 2017Q3. It is positive, as 6 investors sold Sterling Construction Company, Inc. shares while 39 reduced holdings. 25 funds opened positions while 31 raised stakes. 18.65 million shares or 3.85% more from 17.96 million shares in 2017Q3 were reported. Los Angeles Capital Mngmt And Equity has 105,742 shares for 0.01% of their portfolio. Cubist Systematic Strategies Lc holds 0.01% or 15,899 shares. 24,068 were accumulated by Rhumbline Advisers. Bank & Trust Of America De accumulated 5,464 shares or 0% of the stock. 12,500 are held by Prelude Mgmt Limited Liability. Mckinley Cap Mgmt Ltd Limited Liability Company Delaware stated it has 160,426 shares or 0.13% of all its holdings. National Bank Of Montreal Can stated it has 12,436 shares. Menta Capital holds 30,787 shares or 0.1% of its portfolio. Hillsdale Investment Inc holds 85,100 shares or 0.22% of its portfolio. Citigroup owns 3,531 shares for 0% of their portfolio. Eam Invsts Limited Co reported 44,204 shares. Morgan Stanley holds 138,957 shares. Wedge Mngmt L Lp Nc holds 0.01% or 72,700 shares. Royal Fincl Bank Of Canada stated it has 5,078 shares. Thompson Davis And owns 11,250 shares for 0.43% of their portfolio.

The stock increased 4.58% or $0.52 during the last trading session, reaching $11.87. About 145,824 shares traded. Sterling Construction Company, Inc. (NASDAQ:STRL) has risen 15.25% since May 8, 2017 and is uptrending. It has outperformed by 3.70% the S&P500.

More news for Sterling Construction Company, Inc. (NASDAQ:STRL) were recently published by: Nasdaq.com, which released: “Research Report Identifies Cara Therapeutics, MGE Energy, IDEXX Laboratories, Sterling Construction, TTM …” on April 30, 2018. Seekingalpha.com‘s article titled: “Buy Ecolab If It Goes Down – Cramer’s Lightning Round (4/17/18)” and published on April 18, 2018 is yet another important article.

Since December 15, 2017, it had 1 insider purchase, and 2 insider sales for $420,188 activity. Another trade for 29,800 shares valued at $516,136 was made by HEMSLEY MAARTEN D on Friday, December 15. $99,440 worth of stock was bought by WADSWORTH CON L on Thursday, March 8.

Sterling Construction Company, Inc. (NASDAQ:STRL) Institutional Positions Chart