DALLAS, July 1, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Broadwind Energy Inc. (Nasdaq:BWEN). The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.
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The full report is available at: http://www.microstockprofit.com/lp/BWEN
BWEN's MACD is currently indicating a weak bullish signal. Although the MACD is trending above the signal line, the indicator is still below zero, which suggests that the underlying moving averages are bearish.
Broadwind Energy Inc. (BWEN) provides products and services to the U.S. wind energy industry. Its product and service portfolio provides its customers, including wind turbine manufacturers, wind farm developers and wind farm operators, with access to an array of wind component and service offerings. The Company also provides technical service and precision repair and engineering and specialized logistics to the wind industry in the United States. The Company operates in four segments: Towers, Gearing, Technical and Engineering Services, and Logistics. As of December 31, 2009, it had four subsidiaries, which consisted of Brad Foote Gear Works Inc. (Brad Foote), Tower Tech Systems Inc. (Tower Tech), Energy Maintenance Service LLC (EMS) and Badger Transport Inc. (Badger). On December 31, 2009, the Company merged the operations of its R.B.A. Inc. (RBA) subsidiary into Tower Tech.
Message Board Search for BWEN: http://www.boardcentral.com/boards/BWEN
In the report, the analyst notes:
"BWEN reported a net loss of $14.1 million or $0.14 per share for the first quarter of 2010 on revenue of $22.2 million, compared to a net loss of $7.2 million or $0.07 per share on revenue of $53.1 million in the prior year.
"BWEN recently announced that Olen Richardson has been appointed to lead BWEN's efforts to provide innovative Precision Repair and Engineering services for blades to wind energy customers across North America. Richardson serves as vice president of blade repair services within BWEN's Energy Maintenance Service (EMS) subsidiary and reports to Paul Seppanen, president of EMS."
To read the entire report visit: http://www.microstockprofit.com/lp/BWEN
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