CUI Global, Inc. (CUI) Reaches $2.83 After 6.00% Up Move; Amrep (AXR) SI Increased By 3.09%

May 17, 2018 - By Peter Kolinski

AMREP Corporation (NYSE:AXR) Logo

The stock of CUI Global, Inc. (NASDAQ:CUI) is a huge mover today! The stock increased 7.20% or $0.19 during the last trading session, reaching $2.83. About 81,695 shares traded or 90.05% up from the average. CUI Global, Inc. (NASDAQ:CUI) has declined 38.67% since May 17, 2017 and is downtrending. It has underperformed by 50.22% the S&P500.The move comes after 8 months positive chart setup for the $80.67 million company. It was reported on May, 17 by Barchart.com. We have $3.00 PT which if reached, will make NASDAQ:CUI worth $4.84 million more.

Amrep Corporation (NYSE:AXR) had an increase of 3.09% in short interest. AXR’s SI was 20,000 shares in May as released by FINRA. Its up 3.09% from 19,400 shares previously. With 4,600 avg volume, 4 days are for Amrep Corporation (NYSE:AXR)’s short sellers to cover AXR’s short positions. The SI to Amrep Corporation’s float is 0.82%. The stock increased 0.56% or $0.04 during the last trading session, reaching $7.2. About 1,948 shares traded. AMREP Corporation (NYSE:AXR) has risen 4.35% since May 17, 2017 and is uptrending. It has underperformed by 7.20% the S&P500.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.34, from 0.83 in 2017Q3. It increased, as 2 investors sold AMREP Corporation shares while 4 reduced holdings. 4 funds opened positions while 3 raised stakes. 1.61 million shares or 3.64% less from 1.67 million shares in 2017Q3 were reported. Stratos Wealth Prtn reported 6,000 shares or 0% of all its holdings. Hightower Ltd Liability Corp accumulated 21,975 shares. 200 were accumulated by Deutsche State Bank Ag. Oppenheimer Close Limited Liability Company has 0.34% invested in AMREP Corporation (NYSE:AXR) for 49,032 shares. Salem Inv Counselors, a North Carolina-based fund reported 25 shares. Dimensional Fund L P, a Texas-based fund reported 188,722 shares. Weber Alan W holds 141,360 shares. Vanguard holds 49,400 shares. Robotti Robert reported 1.28% stake. Arbiter Prns Capital Management Lc reported 113,095 shares. Tower Rech Capital Limited Liability (Trc) has 549 shares for 0% of their portfolio. Royal National Bank Of Canada stated it has 8,101 shares or 0% of all its holdings. Blackrock accumulated 11,000 shares or 0% of the stock. Bridgeway Mngmt invested 0.01% in AMREP Corporation (NYSE:AXR). Moreover, California Public Employees Retirement has 0% invested in AMREP Corporation (NYSE:AXR) for 22,809 shares.

Another recent and important AMREP Corporation (NYSE:AXR) news was published by Twst.com which published an article titled: “AMREP Corporation: AMREP REPORTS THIRD QUARTER FISCAL 2018 RESULTS” on April 19, 2018.

AMREP Corporation, through its subsidiaries, provides real estate and fulfillment services. The company has market cap of $58.31 million. The companyÂ’s Fulfillment Services segment provides fulfillment and contact center services, including subscriber list and database management, payment and order processing and accounting, subscriber mailing services, customer service and contact center management, data processing and business intelligence solutions, and print and digital marketing solutions, as well as product fulfillment warehousing, processing, and distribution services. It currently has negative earnings. This segment offers its services for consumer publications, trade publications, membership organizations, non-profit organizations, government agencies, and other direct marketers.

Analysts await CUI Global, Inc. (NASDAQ:CUI) to report earnings on August, 8. They expect $-0.05 EPS, up 16.67% or $0.01 from last year’s $-0.06 per share. After $-0.10 actual EPS reported by CUI Global, Inc. for the previous quarter, Wall Street now forecasts -50.00% EPS growth.

Since May 14, 2018, it had 1 buying transaction, and 0 sales for $8,111 activity. FORD DANIEL NED bought $8,111 worth of stock.

Investors sentiment increased to 2 in 2017 Q4. Its up 1.36, from 0.64 in 2017Q3. It is positive, as 1 investors sold CUI Global, Inc. shares while 9 reduced holdings. 10 funds opened positions while 10 raised stakes. 14.82 million shares or 29.77% more from 11.42 million shares in 2017Q3 were reported. Van Den Berg Mngmt I Incorporated has 14,505 shares. Northern invested 0% in CUI Global, Inc. (NASDAQ:CUI). Savings Bank Of New York Mellon reported 22,054 shares. Perkins Cap Mgmt stated it has 0.56% in CUI Global, Inc. (NASDAQ:CUI). White Pine Cap stated it has 842,616 shares or 0.85% of all its holdings. Schwab Charles Invest Mngmt Inc stated it has 56,600 shares or 0% of all its holdings. Eidelman Virant Cap has invested 0.17% in CUI Global, Inc. (NASDAQ:CUI). Bessemer Grp holds 0% or 16,000 shares in its portfolio. Renaissance Techs Ltd Co has 175,400 shares. Perritt Capital Mgmt Incorporated reported 0.27% of its portfolio in CUI Global, Inc. (NASDAQ:CUI). Clear Harbor Asset Mgmt Ltd Llc has invested 0.6% in CUI Global, Inc. (NASDAQ:CUI). Blackrock reported 84,342 shares stake. Tower Rech Ltd Co (Trc) accumulated 956 shares. Oppenheimer Communications Inc stated it has 0% in CUI Global, Inc. (NASDAQ:CUI). Sterneck Cap Limited Liability Corp has invested 0.03% of its portfolio in CUI Global, Inc. (NASDAQ:CUI).

CUI Global, Inc., through its subsidiaries, engages in the acquisition, development, and commercialization of power and electromechanical components worldwide. The company has market cap of $80.67 million. The firm operates through two divisions, Power and Electro-Mechanical, and Energy. It currently has negative earnings. The Power and Electromechanical segment offers components, including connectors, speakers, buzzers, test and measurement devices, and control solutions comprising encoders and sensors; and power solutions, such as Novum and ICE Block that addresses power and related accessories to consumer electronics, medical, and defense industries.

More news for CUI Global, Inc. (NASDAQ:CUI) were recently published by: Prnewswire.com, which released: “CUI Global To Participate At Upcoming Investor Conferences” on May 10, 2018. Seekingalpha.com‘s article titled: “CUI Global’s (CUI) CEO William Clough on Q1 2018 Results – Earnings Call Transcript” and published on May 07, 2018 is yet another important article.

Among 6 analysts covering CUI Global (NASDAQ:CUI), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. CUI Global has $12.0 highest and $600 lowest target. $8.50’s average target is 200.35% above currents $2.83 stock price. CUI Global had 7 analyst reports since December 23, 2015 according to SRatingsIntel. The rating was initiated by FBR Capital on Tuesday, April 17 with “Buy”. The stock of CUI Global, Inc. (NASDAQ:CUI) earned “Buy” rating by Dougherty & Company on Friday, November 11. H.C. Wainwright maintained the shares of CUI in report on Thursday, August 10 with “Buy” rating. The rating was maintained by Dougherty & Company on Wednesday, May 11 with “Buy”. Rodman & Renshaw initiated the stock with “Buy” rating in Wednesday, December 23 report.

CUI Global, Inc. (NASDAQ:CUI) Institutional Positions Chart

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