The stock of GSE Systems, Inc. (NYSEMKT:GVP) hit a new 52-week high and has $3.15 target or 5.00% above today’s $3.00 share price. The 6 months bullish chart indicates low risk for the $56.97M company. The 1-year high was reported on Nov, 28 by Barchart.com. If the $3.15 price target is reached, the company will be worth $2.85M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 54,304 shares traded hands or 44.58% up from the average. GSE Systems, Inc. (NYSEMKT:GVP) has risen 21.57% since April 25, 2016 and is uptrending. It has outperformed by 15.55% the S&P500.
Analysts await GSE Systems, Inc. (NYSEMKT:GVP) to report earnings on March, 21.
According to Zacks Investment Research, “GSE Systems, Inc. develops and delivers business and technology solutions by applying process control and simulation software, systems and services to the pharmaceutical and chemical research & development, energy, process and manufacturing industries worldwide. The company’s products are used in the following industries: specialty chemical, food and beverage, petroleum refining, pharmaceutical, fossil and nuclear power generation, metals and water treatment. (PRESS RELEASE)”
Insitutional Activity: The institutional sentiment increased to 0.9 in Q2 2016. Its up 0.23, from 0.67 in 2016Q1. The ratio improved, as 1 funds sold all GSE Systems, Inc. shares owned while 11 reduced positions. 1 funds bought stakes while 7 increased positions. They now own 4.76 million shares or 0.38% less from 4.78 million shares in 2016Q1.
Wells Fargo Mn last reported 0% of its portfolio in the stock. Needham Investment Limited Liability Corp last reported 0.54% of its portfolio in the stock. Tower Rech Capital Ltd Liability Corporation (Trc) holds 0% or 14 shares in its portfolio. Blackrock Institutional Na holds 0% or 45,583 shares in its portfolio. Geode Capital Mgmt Limited Liability Co holds 33,536 shares or 0% of its portfolio. Moreover, Blackrock Fund has 0% invested in GSE Systems, Inc. (NYSEMKT:GVP) for 38,267 shares. Vantage Investment Ltd Co accumulated 0% or 95 shares. Nationwide Fund has 0% invested in the company for 1,958 shares. Manufacturers Life Com The reported 371 shares or 0% of all its holdings. Brown Advisory has invested 0% of its portfolio in GSE Systems, Inc. (NYSEMKT:GVP). Next Financial Group Incorporated holds 840 shares or 0% of its portfolio. Morgan Stanley holds 0% or 2,000 shares in its portfolio. Gabelli Funds Limited Liability Co has 0% invested in the company for 30,000 shares. Blackrock Invest Mgmt Ltd Liability Com holds 0% of its portfolio in GSE Systems, Inc. (NYSEMKT:GVP) for 2,666 shares. Northern Trust Corporation last reported 19,163 shares in the company.
Insider Transactions: Since June 14, 2016, the stock had 1 buy, and 0 insider sales for $53,492 net activity. Loudermilk Kyle Justin also bought $53,492 worth of GSE Systems, Inc. (NYSEMKT:GVP) on Tuesday, June 14.
More notable recent GSE Systems, Inc. (NYSEMKT:GVP) news were published by: Quotes.Wsj.com which released: “News GSE Systems Inc.GVP” on February 13, 2011, also Businesswire.com with their article: “GSE Systems, Inc. Schedules Release of Second Quarter 2016 Financial Results …” published on July 22, 2016, Businesswire.com published: “GSE Systems Increases Backlog by Approximately 60% with the Sale of Three Full …” on March 17, 2016. More interesting news about GSE Systems, Inc. (NYSEMKT:GVP) were released by: Seekingalpha.com and their article: “GSE Systems’ (GVP) CEO Kyle Loudermilk on Q3 2016 Results – Earnings Call …” published on November 15, 2016 as well as Businesswire.com‘s news article titled: “GSE Systems Appoints Suresh Sundaram to Its Board of Directors” with publication date: September 15, 2016.
GVP Company Profile
GSE Systems, Inc. (GSE), incorporated on March 30, 1994, is a performance improvement company. The Firm operates through two divisions: Performance Improvement Solutions, and Nuclear Industry Training and Consulting. The Company’s EnVision product line consists of computer tutorials and related simulation models primarily for the petrochemical, and gas and oil refining industries. The EnVision products provide a foundation in process fundamentals and plant operations, and interaction. The Firm has approximately 750 installations of EnVision product in approximately 30 countries. The Company’s engineering services include plant design verification and validation.
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