Broadwind Energy, Inc. (BWEN) Is At $2.25 Formed Wedge; Shorts at Myers Industries (MYE) Lowered By 5.88%

Broadwind Energy, Inc. (BWEN) formed wedge down with $2.05 target or 9.00% below today’s $2.25 share price. Broadwind Energy, Inc. (BWEN) has $34.21M valuation. It closed at $2.25 lastly. It is up 53.71% since March 17, 2017 and is uptrending. It has outperformed by 37.01% the S&P500.

Myers Industries Inc (NYSE:MYE) had a decrease of 5.88% in short interest. MYE’s SI was 366,700 shares in March as released by FINRA. Its down 5.88% from 389,600 shares previously. With 66,600 avg volume, 6 days are for Myers Industries Inc (NYSE:MYE)’s short sellers to cover MYE’s short positions. The SI to Myers Industries Inc’s float is 1.27%. The stock increased 0.91% or $0.2 during the last trading session, reaching $22.1. About 225,342 shares traded or 192.69% up from the average. Myers Industries, Inc. (NYSE:MYE) has risen 22.42% since March 17, 2017 and is uptrending. It has outperformed by 5.72% the S&P500.

Among 2 analysts covering Myers Industries (NYSE:MYE), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Myers Industries had 5 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of Myers Industries, Inc. (NYSE:MYE) has “Underweight” rating given on Tuesday, November 29 by KeyBanc Capital Markets. The stock of Myers Industries, Inc. (NYSE:MYE) has “Sell” rating given on Friday, October 13 by KeyBanc Capital Markets. Wells Fargo upgraded Myers Industries, Inc. (NYSE:MYE) on Wednesday, January 3 to “Outperform” rating. The stock of Myers Industries, Inc. (NYSE:MYE) earned “Buy” rating by TheStreet on Wednesday, August 26. KeyBanc Capital Markets maintained the stock with “Sell” rating in Tuesday, August 1 report.

Myers Industries, Inc. manufactures and sells polymer products for industrial, agricultural, automotive, commercial, and consumer markets worldwide. The company has market cap of $674.25 million. The firm operates through two divisions, Material Handling and Distribution. It currently has negative earnings. The Material Handling segment provides plastic reusable material handling containers, pallets, small parts bins, bulk shipping containers, storage and organization products, and rotationally-molded plastic tanks for water, fuel, and waste handling applications; plastic trim and interior parts used in the production of seat components, consoles, and other applications in the recreational vehicle, marine, and industrial markets; and plastic fuel containers, portable marine fuel tanks and water containers, ammunition containers, and storage totes under the Buckhorn, Akro-Mils, Jamco Products, Ameri-Kart, Scepter, Myers do Brasil, and Novel brands.

Since March 13, 2018, it had 1 insider purchase, and 0 selling transactions for $32,250 activity. $32,250 worth of Myers Industries, Inc. (NYSE:MYE) shares were bought by SCACCETTI JANE.

Investors sentiment decreased to 1.38 in Q3 2017. Its down 0.30, from 1.68 in 2017Q2. It dived, as 7 investors sold Myers Industries, Inc. shares while 30 reduced holdings. 21 funds opened positions while 41 raised stakes. 25.34 million shares or 1.43% more from 24.98 million shares in 2017Q2 were reported. Ls Inv Advsr Limited Liability Corp stated it has 839 shares. 15,757 are owned by Metropolitan Life Ins New York. Panagora Asset Mngmt owns 158,867 shares. Federated Inc Pa has invested 0% in Myers Industries, Inc. (NYSE:MYE). Guggenheim Capital Limited reported 71,558 shares. Texas Permanent School Fund holds 0% or 15,903 shares. Citigroup Incorporated invested in 17,279 shares. Pnc Financial Services Incorporated holds 499,459 shares or 0.01% of its portfolio. Parkside Bancorporation Tru owns 18 shares. Winfield Associates Inc owns 10,000 shares or 0.11% of their US portfolio. 465 are owned by Edge Wealth Management Ltd Liability Com. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mngmt reported 41,200 shares. Blackrock holds 0% of its portfolio in Myers Industries, Inc. (NYSE:MYE) for 2.80 million shares. Ny State Common Retirement Fund holds 0% or 22,300 shares. California State Teachers Retirement owns 36,684 shares.

Analysts await Broadwind Energy, Inc. (NASDAQ:BWEN) to report earnings on May, 1. They expect $-0.20 EPS, down 322.22% or $0.29 from last year’s $0.09 per share. After $-0.45 actual EPS reported by Broadwind Energy, Inc. for the previous quarter, Wall Street now forecasts -55.56% EPS growth.

Among 3 analysts covering Broadwind Energy (NASDAQ:BWEN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Broadwind Energy had 7 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 2 by Roth Capital. The stock has “Buy” rating by Roth Capital on Tuesday, October 31. The company was initiated on Friday, June 30 by Roth Capital. The firm has “Outperform” rating given on Tuesday, August 16 by Cowen & Co. The stock of Broadwind Energy, Inc. (NASDAQ:BWEN) earned “Buy” rating by Cowen & Co on Monday, July 10. Cowen & Co maintained it with “Buy” rating and $800 target in Wednesday, August 2 report.