Spark Energy, Inc. (SPKE) Reaches $11.00 After 3.00% Up Move; ECOSPHERE TECHNOLOGIES (ESPH) Sellers Decreased By 0.87% Their Shorts

May 13, 2018 - By Dolores Ford

Spark Energy, Inc. (NASDAQ:SPKE) Logo

The stock of Spark Energy, Inc. (NASDAQ:SPKE) is a huge mover today! The stock increased 5.26% or $0.55 during the last trading session, reaching $11. About 173,326 shares traded. Spark Energy, Inc. (NASDAQ:SPKE) has declined 25.00% since May 13, 2017 and is downtrending. It has underperformed by 36.55% the S&P500.The move comes after 6 months positive chart setup for the $380.86 million company. It was reported on May, 13 by Barchart.com. We have $11.33 PT which if reached, will make NASDAQ:SPKE worth $11.43M more.

ECOSPHERE TECHNOLOGIES INC (OTCMKTS:ESPH) had a decrease of 0.87% in short interest. ESPH’s SI was 401,100 shares in May as released by FINRA. Its down 0.87% from 404,600 shares previously. With 156,600 avg volume, 3 days are for ECOSPHERE TECHNOLOGIES INC (OTCMKTS:ESPH)’s short sellers to cover ESPH’s short positions. The SI to ECOSPHERE TECHNOLOGIES INC’s float is 0.23%. The stock increased 10.33% or $0.0012 during the last trading session, reaching $0.0126. About 53,025 shares traded. Ecosphere Technologies, Inc. (OTCMKTS:ESPH) has 0.00% since May 13, 2017 and is . It has underperformed by 11.55% the S&P500.

Ecosphere Technologies, Inc., a technology development and intellectual property licensing company, develops environmental solutions for the water, agriculture, energy, and industrial markets worldwide. The company has market cap of $2.29 million. The firm offers Ozonix water treatment technology, an advanced oxidation process that is designed to treat and recycle industrial wastewater without the use of toxic chemicals. It currently has negative earnings. The Company’s Ozonix water treatment technology is used in oil and natural gas, mining, agriculture, energy, food and beverage, industrial, and marine, as well as for municipal wastewater treatment applications.

Among 7 analysts covering Spark Energy (NASDAQ:SPKE), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Spark Energy has $4700 highest and $17.0 lowest target. $21.80’s average target is 98.18% above currents $11 stock price. Spark Energy had 21 analyst reports since August 18, 2015 according to SRatingsIntel. The company was downgraded on Friday, June 10 by Janney Capital. On Tuesday, November 7 the stock rating was downgraded by B. Riley & Co to “Neutral”. FBR Capital maintained Spark Energy, Inc. (NASDAQ:SPKE) on Thursday, June 1 with “Buy” rating. Wunderlich maintained the stock with “Buy” rating in Friday, May 6 report. The stock of Spark Energy, Inc. (NASDAQ:SPKE) earned “Outperform” rating by FBR Capital on Tuesday, April 26. The firm earned “Hold” rating on Tuesday, August 18 by Zacks. As per Monday, July 10, the company rating was maintained by FBR Capital. The firm has “Buy” rating by Wunderlich given on Friday, August 12. The stock of Spark Energy, Inc. (NASDAQ:SPKE) earned “Buy” rating by Guggenheim on Wednesday, February 1. The firm has “Buy” rating given on Friday, July 7 by Guggenheim.

Analysts await Spark Energy, Inc. (NASDAQ:SPKE) to report earnings on May, 14. They expect $0.20 earnings per share, up 17.65% or $0.03 from last year’s $0.17 per share. SPKE’s profit will be $6.92M for 13.75 P/E if the $0.20 EPS becomes a reality. After $-0.76 actual earnings per share reported by Spark Energy, Inc. for the previous quarter, Wall Street now forecasts -126.32% EPS growth.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.05, from 1.16 in 2017Q3. It increased, as 14 investors sold Spark Energy, Inc. shares while 24 reduced holdings. 13 funds opened positions while 33 raised stakes. 10.52 million shares or 6.52% less from 11.25 million shares in 2017Q3 were reported. First Tru Advsr Ltd Partnership owns 10,976 shares or 0% of their US portfolio. Manufacturers Life Insurance The reported 0% stake. Trexquant Investment Lp has 39,746 shares for 0.05% of their portfolio. Alliancebernstein L P stated it has 0% of its portfolio in Spark Energy, Inc. (NASDAQ:SPKE). National Bank Of Montreal Can stated it has 8,658 shares. Schwab Charles Investment Mngmt Incorporated holds 328,385 shares. Spark Invest Mngmt Lc accumulated 372,300 shares. Commercial Bank Of Mellon Corp has invested 0% of its portfolio in Spark Energy, Inc. (NASDAQ:SPKE). Shell Asset Mgmt invested in 70,816 shares. Gsa Cap Prns Ltd Liability Partnership holds 98,500 shares. American International Grp Inc Incorporated has invested 0% in Spark Energy, Inc. (NASDAQ:SPKE). New York State Common Retirement Fund has 40,705 shares. Aqr Cap Management Ltd Liability Corporation reported 0% stake. Bard Associates Inc owns 180,850 shares or 1.08% of their US portfolio. Parallax Volatility Advisers Limited Partnership has 0% invested in Spark Energy, Inc. (NASDAQ:SPKE) for 6,495 shares.

Spark Energy, Inc., through its subsidiaries, operates as an independent retail energy services firm in the United States. The company has market cap of $380.86 million. It operates through two divisions, Retail Natural Gas and Retail Electricity. It has a 9.24 P/E ratio. The firm is involved in the retail distribution of natural gas and electricity to residential, commercial, and industrial customers.

Spark Energy, Inc. (NASDAQ:SPKE) Institutional Positions Chart

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By1 Dolores Ford

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