Does ALTERRA POWER CORP Have Any Gas After Today’s Huge Decline?

 Does ALTERRA POWER CORP Have Any Gas After Today's Huge Decline?

The stock of ALTERRA POWER CORP (TSE:AXY) is a huge mover today! About 130,140 shares traded hands or 31.42% up from the average. ALTERRA POWER CORP (TSE:AXY) has risen 23.26% since April 5, 2016 and is uptrending. It has outperformed by 18.47% the S&P500.
The move comes after 8 months negative chart setup for the $308.76 million company. It was reported on Nov, 9 by Barchart.com. We have $4.56 PT which if reached, will make TSE:AXY worth $30.88M less.

ALTERRA POWER CORP (TSE:AXY) Ratings Coverage

Out of 3 analysts covering Alterra Power Corp (TSE:AXY), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $0.80 is the highest target while $0.55 is the lowest. The $0.73 average target is -85.60% below today’s ($5.07) stock price. Alterra Power Corp has been the topic of 6 analyst reports since August 13, 2015 according to StockzIntelligence Inc.

More important recent ALTERRA POWER CORP (TSE:AXY) news were published by: Seekingalpha.com which released: “Alterra Power – Aggressively Growing Renewable Energy Play” on August 25, 2016, also Prnewswire.com published article titled: “Alterra Power Announces Results for the Quarter Ended September 30, 2016”, Seekingalpha.com published: “Alterra Power Is Still Underestimated By Mr. Market” on November 24, 2015. More interesting news about ALTERRA POWER CORP (TSE:AXY) was released by: Seekingalpha.com and their article: “Interview With Alterra Power Corp. Chairman And Founder Ross Beaty (MGMXF)” with publication date: May 14, 2015.

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