What Will Happen to Sevcon Inc (SEV) Next? The Stock Just Increased A Lot

July 17, 2017 - By Richard Conner

Investors sentiment increased to 3 in 2016 Q4. Its up 1.25, from 1.75 in 2016Q3. It improved, as 1 investors sold Sevcon Inc shares while 1 reduced holdings. 3 funds opened positions while 3 raised stakes. 2.16 million shares or 0.35% more from 2.15 million shares in 2016Q3 were reported.
Deutsche Retail Bank Ag reported 0% stake. Retail Bank Of America De holds 0% or 56 shares. Blackrock Fund Advisors reported 777 shares. Blackrock Investment Mgmt Limited Liability Corporation, New Jersey-based fund reported 340 shares. Vanguard Gru holds 0% or 25,226 shares. Tower Research Cap Ltd Co (Trc) reported 594 shares. Dimensional Fund Advsrs L P reported 108,224 shares. Teton Advsrs Inc reported 518,604 shares. Creative Planning reported 1,350 shares stake. 108,226 were accumulated by Rathbone Brothers Public Ltd Com. Gabelli Funds Ltd Llc reported 0.02% stake. Moreover, Gamco Invsts Incorporated Et Al has 0.04% invested in Sevcon Inc (NASDAQ:SEV) for 701,929 shares. California Employees Retirement Systems reported 13,500 shares or 0% of all its holdings. 223,375 were accumulated by Wells Fargo Mn.

The stock of Sevcon Inc (NASDAQ:SEV) is a huge mover today! The stock increased 58.79% or $8.04 during the last trading session, reaching $21.73. About 767,712 shares traded or 8580.60% up from the average. Sevcon Inc (NASDAQ:SEV) has risen 38.84% since July 17, 2016 and is uptrending. It has outperformed by 22.14% the S&P500.
The move comes after 7 months positive chart setup for the $122.76M company. It was reported on Jul, 17 by Barchart.com. We have $23.03 PT which if reached, will make NASDAQ:SEV worth $7.37M more.

More notable recent Sevcon Inc (NASDAQ:SEV) news were published by: Quotes.Wsj.com which released: “Sevcon Inc.” on June 11, 2011, also Globenewswire.com with their article: “Sevcon Signs Definitive Agreement to be Acquired by BorgWarner” published on July 17, 2017, Businesswire.com published: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an …” on July 17, 2017. More interesting news about Sevcon Inc (NASDAQ:SEV) were released by: Marketwatch.com and their article: “13.685” published on February 25, 2010 as well as Globenewswire.com‘s news article titled: “Sevcon Wins Substantial Contract for Automotive Drivetrain” with publication date: February 02, 2017.

Sevcon, Inc. designs and sells motor controllers for zero emission electric and hybrid vehicles , under the Sevcon name. The company has market cap of $122.76 million. The Company’s controls are used to vary the speed and movement of vehicles to integrate specialized functions and to optimize the energy consumption of the vehicle’s power source. It currently has negative earnings. The Firm operates through three divisions: electronic controls, capacitors and battery chargers.

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