Global Power Equipment Group Inc (NYSE:GLPW): Institutional Investor Sentiment Down to 0.5

December 4, 2017 - By Darrin Black

Sentiment for Global Power Equipment Group Inc (NYSE:GLPW)

Global Power Equipment Group Inc (NYSE:GLPW) institutional sentiment decreased to 0.5 in Q2 2017. Its down -2.50, from 3 in 2017Q1. The ratio fall, as 1 institutional investors increased or opened new stock positions, while 2 decreased and sold stakes in Global Power Equipment Group Inc. The institutional investors in our partner’s database now own: 4.65 million shares, down from 4.76 million shares in 2017Q1. Also, the number of institutional investors holding Global Power Equipment Group Inc in their top 10 stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 1 Reduced: 1 Increased: 1 New Position: 0.

Global Power Equipment Group Inc. provides custom-engineered solutions, and modification and maintenance services for clients in the energy and industrial markets worldwide. The company has market cap of $62.56 million. The Company’s Mechanical Solutions segment designs, engineers, makes, installs, commissions, and services filter houses, inlet and exhaust systems, diverter dampers, selective catalytic reduction systems, auxiliary control skids and enclosures, expansion joints, air filtration elements, and retrofit and upgrade solutions for power generation markets. It currently has negative earnings. This segment also provides precision and replacement parts, filter elements, and aftermarket retrofit equipment.

The stock decreased 3.59% or $0.13 during the last trading session, reaching $3.49. About 11,577 shares traded. Global Power Equipment Group Inc. (NYSE:GLPW) has 0.00% since December 4, 2016 and is . It has underperformed by 16.70% the S&P500.

Wynnefield Capital Inc holds 3.64% of its portfolio in Global Power Equipment Group Inc. for 3.17 million shares. Adirondack Research & Management Inc. owns 664,598 shares or 0.89% of their US portfolio. Moreover, Rutabaga Capital Management Llc Ma has 0.34% invested in the company for 528,491 shares. The New York-based Walthausen & Co. Llc has invested 0.09% in the stock. Edge Wealth Management Llc, a New York-based fund reported 30,000 shares.#img1#

More notable recent Global Power Equipment Group Inc. (OTCMKTS:GLPW) news were published by: Businesswire.com which released: “Global Power Provides Update on Reporting 2016 Financials” on June 28, 2017, also Businesswire.com with their article: “Global Power Closes Sale of Facility in Mexico” published on October 31, 2017, Globenewswire.com published: “Global Power Announces Sale of Hetsco, Inc. and Expectations for Financial …” on January 17, 2017. More interesting news about Global Power Equipment Group Inc. (OTCMKTS:GLPW) were released by: Businesswire.com and their article: “Global Power Announces Sale of Mexico Facility” published on September 27, 2017 as well as Seekingalpha.com‘s news article titled: “Global Power Equipment Group (GLPW) Q4 2016 Results – Earnings Call Transcript” with publication date: September 13, 2017.

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