Penny Stock Pick - CPST

The penny stock of the day is the California based Capstone Turbine Corp. (CPST) which makes microturbine for hybrid electric vehicles. Despite the turbulent market, the stock has been doing well this year, rising 100% since October of last year. Good news keep coming as earlier this month, the company receive order of 15 microturbines. This may be the stock worth looking at.

Technical
The technical chart shows very positive sign with both 50 day and 200 day moving average going up and K line on top of D line. In addition MACD is showing the stock is in bull market.

Insider
The institutions have been a little bearish in the latest quarter and sold 2 million shares.

Financial
Recent qaurterly report show dramatic improvement this year as the revenue of the first three quarters of the current fiscal year have already exceeded the revenue of previous year. However the total net loss of the current year may still over the net loss of the previous year.

Conclusion
If the financial situation improves, this is a Strong Buy stock.

Penny Stock Score (1~5) 5 is highest
1. News: 5
2. Industry (hybrid vehicle): 4
3. Technical: 5
4. Insider: 2
5. Financial: 3
Recommendation: Buy