Profire Energy (PFIE) Receives Coverage Optimism Rating of -0.01

News headlines about Profire Energy (NASDAQ:PFIE) have trended somewhat negative recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Profire Energy earned a news impact score of -0.01 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 45.916543216562 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Profire Energy (NASDAQ PFIE) opened at $1.80 on Friday. The company has a market cap of $87.16, a PE ratio of 25.71 and a beta of 1.65. Profire Energy has a 1-year low of $1.11 and a 1-year high of $2.25.

Several equities research analysts have recently weighed in on PFIE shares. Chardan Capital increased their target price on shares of Profire Energy from $2.30 to $2.50 and gave the company a “buy” rating in a research note on Friday, November 10th. Zacks Investment Research downgraded shares of Profire Energy from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th.

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About Profire Energy

Profire Energy, Inc is an oilfield technology company. The Company is primarily engaged in the business of developing combustion management technologies for the oil and gas industry. It specializes in the creation of burner-management systems, used on a range of oilfield natural-draft fire tube vessels.

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