Several other brokerages have also recently commented on HTM. Cowen cut shares of US Geothermal from an outperform rating to a hold rating in a research report on Wednesday, January 24th. Zacks Investment Research cut shares of US Geothermal from a hold rating to a sell rating in a research report on Wednesday, January 17th. Finally, Roth Capital set a $5.00 price target on shares of US Geothermal and gave the stock a buy rating in a research report on Thursday, November 16th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $5.67.
Shares of US Geothermal (NYSEAMERICAN HTM) opened at $5.37 on Wednesday. US Geothermal has a 1 year low of $3.11 and a 1 year high of $5.42. The company has a market cap of $103.71, a PE ratio of -89.50 and a beta of 0.58.
Institutional investors and hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in shares of US Geothermal by 72.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 25,871 shares of the energy company’s stock valued at $119,000 after purchasing an additional 10,864 shares during the period. Northern Trust Corp increased its holdings in shares of US Geothermal by 1.2% in the 2nd quarter. Northern Trust Corp now owns 33,281 shares of the energy company’s stock valued at $153,000 after purchasing an additional 392 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of US Geothermal by 69.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 35,186 shares of the energy company’s stock valued at $161,000 after purchasing an additional 14,411 shares during the period. Municipal Employees Retirement System of Michigan acquired a new position in shares of US Geothermal in the 4th quarter valued at about $309,000. Finally, B. Riley Financial Inc. acquired a new position in shares of US Geothermal in the 4th quarter valued at about $345,000.
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About US Geothermal
U.S. Geothermal Inc is engaged in the renewable green energy business. The Company, through its subsidiary U.S. Geothermal Inc (Geo-Idaho), is engaged in the acquisition, development and utilization of geothermal resources in the Western United States and the Republic of Guatemala. It operates through two segments: Operating Plants, and Corporate and Development.
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