CUI Global, Inc. (CUI) Forms $2.81 Double Bottom; Last Week Approach Resources, Inc. (AREX) Analysts

Among 13 analysts covering Approach Resources (NASDAQ:AREX), 2 have Buy rating, 1 Sell and 10 Hold. Therefore 15% are positive. Approach Resources had 24 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, October 26 by Wunderlich. The stock of Approach Resources, Inc. (NASDAQ:AREX) has “Hold” rating given on Tuesday, May 24 by Wunderlich. Robert W. Baird maintained the stock with “Hold” rating in Tuesday, September 26 report. As per Monday, November 13, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Northland Capital with “Market Perform” on Friday, August 7. KeyBanc Capital Markets maintained the stock with “Hold” rating in Tuesday, September 5 report. The stock of Approach Resources, Inc. (NASDAQ:AREX) earned “Outperform” rating by RBC Capital Markets on Friday, August 7. On Wednesday, October 26 the stock rating was upgraded by SunTrust to “Hold”. The firm earned “Sell” rating on Wednesday, June 21 by Seaport Global. The firm has “Neutral” rating by Macquarie Research given on Wednesday, September 9. See Approach Resources, Inc. (NASDAQ:AREX) latest ratings:

13/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

CUI Global, Inc. (CUI) formed double bottom with $2.59 target or 8.00% below today’s $2.81 share price. CUI Global, Inc. (CUI) has $80.05M valuation. The stock increased 3.69% or $0.1 during the last trading session, reaching $2.81. About 20,412 shares traded. CUI Global, Inc. (NASDAQ:CUI) has declined 38.67% since April 6, 2017 and is downtrending. It has underperformed by 50.22% the S&P500.

Among 4 analysts covering CUI Global (NASDAQ:CUI), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. CUI Global has $12.0 highest and $7.0 lowest target. $9.75’s average target is 246.98% above currents $2.81 stock price. CUI Global had 5 analyst reports since December 23, 2015 according to SRatingsIntel. Dougherty & Company maintained CUI Global, Inc. (NASDAQ:CUI) rating on Wednesday, May 11. Dougherty & Company has “Buy” rating and $9 target. Dougherty & Company maintained the shares of CUI in report on Friday, November 11 with “Buy” rating. The stock of CUI Global, Inc. (NASDAQ:CUI) earned “Buy” rating by Rodman & Renshaw on Wednesday, December 23. H.C. Wainwright maintained it with “Buy” rating and $1200 target in Thursday, August 10 report.

Investors sentiment increased to 2 in Q4 2017. 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. Schwab Charles Investment Mgmt holds 56,600 shares. Moreover, Tower Lc (Trc) has 0% invested in CUI Global, Inc. (NASDAQ:CUI) for 956 shares. White Pine Cap Ltd Liability holds 842,616 shares or 0.85% of its portfolio. Northern Trust accumulated 61,349 shares. California Pub Employees Retirement Systems holds 0% in CUI Global, Inc. (NASDAQ:CUI) or 65,700 shares. Barclays Public Ltd Com, a United Kingdom-based fund reported 91 shares. M&R Management Inc reported 0.01% in CUI Global, Inc. (NASDAQ:CUI). Sterneck Mngmt Ltd Liability accumulated 15,764 shares or 0.03% of the stock. Eidelman Virant holds 0.17% of its portfolio in CUI Global, Inc. (NASDAQ:CUI) for 103,427 shares. Illinois-based Wolverine Asset Management has invested 0.01% in CUI Global, Inc. (NASDAQ:CUI). Clear Harbor Asset Mngmt Lc reported 1.17 million shares. Van Den Berg I Incorporated invested in 0% or 14,505 shares. Heartland Advsrs holds 2.41M shares. Moreover, Wealthtrust Axiom Ltd Com has 0.46% invested in CUI Global, Inc. (NASDAQ:CUI) for 450,657 shares. Perritt Capital Mngmt Inc invested 0.27% in CUI Global, Inc. (NASDAQ:CUI).

Approach Resources, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of unconventional gas and oil reserves in the United States. The company has market cap of $229.90 million. The companyÂ’s properties are primarily located in the Permian Basin in west Texas. It currently has negative earnings. It also owns interests in east Texas Basin.

Investors sentiment increased to 1.54 in Q4 2017. Its up 0.37, from 1.17 in 2017Q3. It improved, as 8 investors sold Approach Resources, Inc. shares while 18 reduced holdings. 14 funds opened positions while 26 raised stakes. 19.88 million shares or 4.78% less from 20.88 million shares in 2017Q3 were reported. Jbf reported 10,000 shares. Panagora Asset Mgmt holds 67,142 shares. Jpmorgan Chase owns 0% invested in Approach Resources, Inc. (NASDAQ:AREX) for 31,494 shares. Boston Prtnrs holds 0% of its portfolio in Approach Resources, Inc. (NASDAQ:AREX) for 501,260 shares. Bnp Paribas Arbitrage holds 0% of its portfolio in Approach Resources, Inc. (NASDAQ:AREX) for 12,253 shares. Oppenheimer Com reported 0.02% of its portfolio in Approach Resources, Inc. (NASDAQ:AREX). Barclays Public Ltd Company reported 32,525 shares. Morgan Stanley has invested 0% in Approach Resources, Inc. (NASDAQ:AREX). First Manhattan holds 0.01% of its portfolio in Approach Resources, Inc. (NASDAQ:AREX) for 772,357 shares. Schwab Charles Invest Management has invested 0% in Approach Resources, Inc. (NASDAQ:AREX). Aqr Management Limited Company holds 0% or 65,375 shares in its portfolio. Parallax Volatility Advisers Lp has invested 0% in Approach Resources, Inc. (NASDAQ:AREX). Manufacturers Life Insur The owns 11,679 shares. Bancshares Of Montreal Can holds 0% or 20,303 shares. 75,080 were reported by Westwood Holdg.

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