Stock of The Day: Will TPI Composites Inc Go Down Anytime Soon?

Stock of The Day: Will TPI Composites Inc Go Down Anytime Soon?

The stock of TPI Composites Inc (NASDAQ:TPIC) is a huge mover today! The stock increased 6.97% or $1.03 during the last trading session, hitting $15.8. About 133,325 shares traded hands. TPI Composites Inc (NASDAQ:TPIC) has risen 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
The move comes after 6 months positive chart setup for the $541.10 million company. It was reported on Nov, 25 by Barchart.com. We have $16.75 PT which if reached, will make NASDAQ:TPIC worth $32.47M more.

Analysts await TPI Composites Inc (NASDAQ:TPIC) to report earnings on February, 8. After $0.08 actual EPS reported by TPI Composites Inc for the previous quarter, Wall Street now forecasts -212.50% negative EPS growth.

According to Zacks Investment Research, “TPI Composites, Inc. is the manufacturer of composite wind blades for the wind energy market. It operates primarily in the U.S., Mexico, China and Turkey. TPI Composites, Inc. is headquartered in Scottsdale, Arizona.”

More notable recent TPI Composites Inc (NASDAQ:TPIC) news were published by: Marketwatch.com which released: “TPI Composites started at outperform with $20 stock price target at Raymond James” on June 19, 2016, also Seekingalpha.com with their article: “Underfollowed Growth Story Of TPI Composites, Inc.: A Trump Victim?” published on November 16, 2016, Globenewswire.com published: “TPI Composites Inc. Names Ramesh Gopalakrishnan Vice President of Technology …” on September 12, 2016. More interesting news about TPI Composites Inc (NASDAQ:TPIC) were released by: Globenewswire.com and their article: “TPI Composites Prices Initial Public Offering” published on July 21, 2016 as well as Azcentral.com‘s news article titled: “Scottsdale-based maker of wind-turbine blades TPI Composites could go public” with publication date: July 15, 2016.

TPIC Company Profile

TPI Composites, Inc. (TPI) is engaged in manufacturing wind blades, and related precision molding and assembly systems. The Firm operates through four geographic operating divisions: the United States, Asia, Mexico and Europe, the Middle East and Africa (EMEA). The Company’s clients include wind turbine original equipment manufacturers (OEMs).

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