Equities research analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Altair Nanotechnologies, Inc. (NASDAQ: ALTI) in a research note to investors on Thursday.
Separately, analysts at MDB Research upgraded shares of Altair Nanotechnologies, Inc. to a “buy” rating in a research note to investors on Wednesday, March 2nd. They now have a $3.50 price target on the stock, up previously from $3.20.
Shares of Altair Nanotechnologies, Inc. traded flat at $1.42 during mid-day trading on Friday. Altair Nanotechnologies, Inc. has a 52 week low of $1.20 and a 52 week high of $3.32. The stock’s 50-day moving average is $1.83 and its 200-day moving average is $2.32. The company has a market cap of $38.4 million.
Altair Nanotechnologies Inc. is engaged in the business of developing, manufacturing and selling its nano lithium titanate battery products and providing related design, installation and test services. The Company’s primary focus is marketing its large-scale energy storage solutions to power companies and electric grid operators throughout the world. In addition, it also markets its battery products to the electric and hybrid-electric mass-transit markets. It also provides contract research services on select projects where it can utilize its resources to develop intellectual property and/or new products and technology. The Company is organized into two divisions: Power and Energy Group and all other division.
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