Shaun Currie, CFA
Long/short equity, hedge fund analyst, momentum

UQM Technologies: Update After Quarterly Earnings And Management Meeting

Over the past two weeks, UQM Technologies (NYSEMKT:UQM) had its latest quarterly earnings call, which sent shares down to their current level of $1.85. Since that time, I also had the opportunity to meet with management to discuss the quarter in more detail. Because of this, along with the current price which is near my low-end target, I thought it would be a good time to provide an update for readers. Overall, I believe that the downward pressure on the stock has to do with the lack of progress, or backwards progress, with the company's passenger automobile programs. But, we actually came away more bullish from the recent quarter. Management has become increasing more bullish on the outlook...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details