AMH Equity Ltd Makes New $209,000 Investment in Broadwind Energy, Inc. (NASDAQ:BWEN)

AMH Equity Ltd purchased a new stake in shares of Broadwind Energy, Inc. (NASDAQ:BWEN - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 144,000 shares of the industrial products company's stock, valued at approximately $209,000. AMH Equity Ltd owned approximately 0.65% of Broadwind Energy at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in BWEN. Bridgeway Capital Management LLC grew its holdings in shares of Broadwind Energy by 11.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 90,387 shares of the industrial products company's stock valued at $170,000 after purchasing an additional 9,176 shares during the last quarter. Mariner LLC acquired a new stake in Broadwind Energy in the fourth quarter worth $56,000. Squarepoint Ops LLC acquired a new stake in Broadwind Energy in the fourth quarter worth $76,000. Finally, Grace & White Inc. NY lifted its stake in Broadwind Energy by 7.3% in the first quarter. Grace & White Inc. NY now owns 2,125,587 shares of the industrial products company's stock valued at $3,082,000 after buying an additional 144,988 shares during the last quarter. 33.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen cut Broadwind Energy from a "hold" rating to a "sell" rating in a report on Monday, May 19th.

Broadwind Energy Price Performance

Broadwind Energy stock traded up $0.04 during midday trading on Friday, hitting $2.55. The company's stock had a trading volume of 333,641 shares, compared to its average volume of 142,010. Broadwind Energy, Inc. has a 12 month low of $1.41 and a 12 month high of $3.44. The company has a quick ratio of 0.41, a current ratio of 1.51 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $57.86 million, a PE ratio of -63.75 and a beta of 1.44. The stock's 50-day moving average price is $1.85 and its 200-day moving average price is $1.72.

Broadwind Energy (NASDAQ:BWEN - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The industrial products company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. The company had revenue of $36.84 million for the quarter, compared to analysts' expectations of $32.76 million. Broadwind Energy had a negative return on equity of 1.23% and a negative net margin of 0.51%. Analysts anticipate that Broadwind Energy, Inc. will post 0.01 earnings per share for the current fiscal year.

Broadwind Energy Profile

Broadwind, Inc manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets.