MARKET COMPOSITE
PFIE - Profire Energy Inc4:11:42 PM 4/19/2024
Price
$1.80
-0.05 (-2.43%)
Profire Energy is an oilfield technology company, specializing in the design of burner-management systems and other combustion-management technologies. They serve the upstream and midstream portions of the oil/gas industry, providing systems that monitor and manage the burners used in the industry's combustion vessels . In 2012, they were recognized as one of the fastest-growing companies in the world by International Business Times, and then recognized in 2013 as one of the fastest-growing companies in North America by Deloitte. They have offices in Lindon, Utah; Edmonton, Alberta; Oklahoma City, Oklahoma; Houston, Texas; Victoria, Texas; and Tioga, Pennsylvania. Profire Energy was established in Alberta, Canada in March 2002 as a private company . Brenton W. Hatch , Harold E. Albert co-founded the company to service oil/gas producers, but soon created a control panel for the management of burners, a system called the Profire 1100. After a few years of continued development, the company made the decision to go public under the name Profire Energy, Inc. . They have since developed additional products, opened multiple offices throughout the US, and continued development of their product line for domestic and international use.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue14.4MM-3%
Gross Profit7.8MM+4%
Cost Of Revenue6.6MM-11%
Operating Income2.8MM+9%
Operating Expenses5MM+2%
Net Income3.3MM+61%
R&D107K-50%
G&A4.8MM+4%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news