Powerus (NASDAQ:PUSA) Coverage Initiated by Analysts at Northland Securities

Research analysts at Northland Securities assumed coverage on shares of Powerus (NASDAQ:PUSA) in a research note issued on Tuesday, Briefing.com reports. The brokerage set an “outperform” rating and a $5.00 price target on the stock. Northland Securities‘s price objective points to a potential upside of 209.60% from the stock’s previous close.

Other analysts have also recently issued reports about the stock. Roth Capital started coverage on shares of Powerus in a research note on Wednesday, August 26th. They issued a “buy” rating and a $7.50 price objective for the company. Wall Street Zen raised shares of Powerus from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Powerus in a research note on Monday, September 21st. Finally, Zacks Research upgraded shares of Powerus to a “hold” rating in a report on Thursday, August 27th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Powerus has an average rating of “Hold” and a consensus price target of $6.25.

Powerus Price Performance

Shares of PUSA stock opened at $1.61 on Tuesday. The stock’s 50 day simple moving average is $3.03 and its 200 day simple moving average is $3.75. Powerus has a twelve month low of $1.61 and a twelve month high of $6.57.

Powerus (NASDAQ:PUSA) last announced its earnings results on Thursday, August 13th. The company reported ($0.00) earnings per share (EPS) for the quarter. Powerus had a negative return on equity of 12.81% and a negative net margin of 154.20%. The firm had revenue of $0.71 million during the quarter. Analysts anticipate that Powerus will post -0.13 earnings per share for the current fiscal year.

Institutional Trading of Powerus

Several hedge funds have recently added to or reduced their stakes in the business. PEAK6 LLC acquired a new stake in Powerus in the 2nd quarter valued at approximately $1,197,000. BlackRock Inc. bought a new position in Powerus in the 2nd quarter worth approximately $394,000. Bank of America Corp DE bought a new position in Powerus in the 2nd quarter worth approximately $384,000. Finally, Thrive Wealth Management LLC bought a new position in Powerus in the 2nd quarter worth approximately $120,000.

Powerus Company Profile

We own and operate two public golf country clubs in Florida that each features a golf-club, consisting of over 289 acres of multi-service recreational property. Our golf country clubs include two golf-courses with over 13,000 yards of combined fairways, clubhouses boasting food and beverage options, aquatic golf ranges, and pro shops to assist any level of golfer. We believe our golf country clubs are a serene combination of approachable golf and nature that are designed to appeal to local residents and tourists alike.