American Superconductor (AMSC) Forms $5.50 Double Bottom; Shorts at ALPHAPOINT TECH (APPO) Lowered By 66.67%

ALPHAPOINT TECH (OTCMKTS:APPO) had a decrease of 66.67% in short interest. APPO’s SI was 100 shares in January as released by FINRA. Its down 66.67% from 300 shares previously. It closed at $0.07 lastly. It is down 0.00% since January 29, 2017 and is . It has underperformed by 16.70% the S&P500.

American Superconductor Corporation (AMSC) formed double bottom with $5.17 target or 6.00% below today’s $5.50 share price. American Superconductor Corporation (AMSC) has $115.09 million valuation. The stock increased 1.85% or $0.1 during the last trading session, reaching $5.5. About 210,347 shares traded. American Superconductor Corporation (NASDAQ:AMSC) has declined 61.56% since January 29, 2017 and is downtrending. It has underperformed by 78.26% the S&P500.

Analysts await American Superconductor Corporation (NASDAQ:AMSC) to report earnings on February, 5. They expect $-0.41 earnings per share, down 70.83% or $0.17 from last year’s $-0.24 per share. After $-0.46 actual earnings per share reported by American Superconductor Corporation for the previous quarter, Wall Street now forecasts -10.87% EPS growth.

Among 6 analysts covering American Superconductor (NASDAQ:AMSC), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. American Superconductor has $10 highest and $6.0 lowest target. $7.75’s average target is 40.91% above currents $5.5 stock price. American Superconductor had 14 analyst reports since January 13, 2016 according to SRatingsIntel. On Friday, May 26 the stock rating was maintained by H.C. Wainwright with “Buy”. Cowen & Co maintained the shares of AMSC in report on Wednesday, August 9 with “Buy” rating. FBR Capital initiated American Superconductor Corporation (NASDAQ:AMSC) on Thursday, May 19 with “Outperform” rating. As per Monday, September 11, the company rating was maintained by Cowen & Co. Roth Capital maintained American Superconductor Corporation (NASDAQ:AMSC) rating on Wednesday, August 9. Roth Capital has “Buy” rating and $1000 target. The rating was initiated by H.C. Wainwright on Wednesday, January 13 with “Buy”. As per Friday, October 13, the company rating was maintained by Cowen & Co. FBR Capital downgraded American Superconductor Corporation (NASDAQ:AMSC) on Friday, July 21 to “Market Perform” rating. Oppenheimer maintained the stock with “Buy” rating in Tuesday, August 8 report. The firm has “Buy” rating by Rodman & Renshaw given on Wednesday, January 13.

AlphaPoint Technology, Inc. does not have significant operations. The company has market cap of $5.42 million. Previously, the firm was provided revenue acceleration solutions to large organizations. It currently has negative earnings. It is seeking alternative opportunities for acquiring a business in the technology sector.