Last $0.70 USD
Change Today 0.00 / 0.00%
Volume 212.3K
AMSC On Other Exchanges
Symbol
Exchange
NASDAQ GS
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As of 8:10 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

american superconductor corp (AMSC) Snapshot

Open
$0.71
Previous Close
$0.70
Day High
$0.71
Day Low
$0.68
52 Week High
03/11/14 - $2.68
52 Week Low
01/22/15 - $0.57
Market Cap
67.0M
Average Volume 10 Days
711.4K
EPS TTM
$-0.88
Shares Outstanding
95.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for AMERICAN SUPERCONDUCTOR CORP (AMSC)

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american superconductor corp (AMSC) Details

American Superconductor Corporation provides megawatt-scale solutions worldwide. The company operates in two segments, Wind and Grid. The Wind segment enables manufacturers to field wind turbines; provides a range of power electronics and software-based control systems, which are integrated and designed for optimized performance, efficiency, and grid compatibility; designs and develops onshore and offshore wind turbines; licenses its engineered wind turbine designs; and offers customer support services to wind turbine manufactures. This segment provides its products and services under the Windtec Solutions brand. The Grid segment offers products and services that enable electric utilities and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand. It provides transmission planning services that identify power grid congestion, poor power quality, and other risks; grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems; D-VAR systems that offer reactive power to stabilize voltage on the grid, as well as to connect wind farms and solar power plants to the power grid; and D-SVC systems that maintain steady line voltages adjacent to inductive loads, such as motors, welders, arc furnaces, and pipeline pumping stations. This segment also offers resilient electric grid systems that provide protection against the calamitous effects; standalone fault current limiters, which act as surge protectors for the power grid; and degaussing ship protection systems that reduce a naval ship’s magnetic signature. The company has strategic alliance with LS Cable, Nexans, Siemens, and Vestas to develop and commercialize its products. American Superconductor Corporation was founded in 1987 and is headquartered in Devens, Massachusetts.

291 Employees
Last Reported Date: 11/6/14
Founded in 1987

american superconductor corp (AMSC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $500.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $312.0K
Executive Vice President of Operations
Total Annual Compensation: $295.0K
Compensation as of Fiscal Year 2013.

american superconductor corp (AMSC) Key Developments

American Superconductor Corporation Receives Non-Compliance Notice From NASDAQ

On January 14, 2015, American Superconductor Corporation received a letter from The NASDAQ Stock Market LLC (Nasdaq) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Global Select Market. Nasdaq Listing Rule 5450(a)(1) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s common stock for the 30 consecutive business days prior to the date of the Notification Letter, the Company no longer meets the minimum bid price requirement. The Notification Letter does not impact the Company’s listing on The Nasdaq Global Select Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until July 13, 2015, to regain compliance with Nasdaq Listing Rule 5450(a)(1). To regain compliance, the Company’s common stock must have a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by July 13, 2015, the Company may be eligible for additional time to regain compliance. To facilitate the Company’s efforts to regain compliance, the Company filed a preliminary proxy statement with the Securities and Exchange Commission (the “SEC”) on January 21, 2015 (the “Proxy Statement”) which includes a proposal (the “Proposal”) seeking stockholder approval of amendments to the Company’s Restated Certificate of Incorporation, as amended, to effect a reverse stock split. If the Proposal is approved by the Company’s stockholders, it will be implemented by the Company’s board of directors if the board of directors determines that a reverse stock split is in the best interests of the Company and its stockholders. There can be no assurance that the Proposal will be approved by stockholders, or that the Proposal, if approved, would be sufficient to permit the Company to regain compliance with the minimum bid price requirement.

Richard Drouin Resigns from the Board of Directors of American Superconductor Corporation

On December 31, 2014, Richard Drouin informed the board of directors of American Superconductor Corporation of his resignation from the company's board of directors, effective immediately.

American Superconductor Corporation Presents at 17th Annual Needham Growth Conference, Jan-15-2015 02:50 PM

American Superconductor Corporation Presents at 17th Annual Needham Growth Conference, Jan-15-2015 02:50 PM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States.

 

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Industry Analysis

AMSC

Industry Average

Valuation AMSC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.3x
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