Why the growth investor may take a look at NASDAQ:PFIE.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if PROFIRE ENERGY INC (NASDAQ:PFIE) is suited for growth investing. Investors should of couse do their own research, but we spotted PROFIRE ENERGY INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Looking into the canslim metrics of PROFIRE ENERGY INC

• The quarterly earnings of PROFIRE ENERGY INC have shown a 500.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• The recent q2q revenue growth of 49.94% of PROFIRE ENERGY INC showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
• PROFIRE ENERGY INC has achieved 25.99% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• PROFIRE ENERGY INC showcases a robust Return on Equity (ROE) of 15.98%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• PROFIRE ENERGY INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 99.29 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. PROFIRE ENERGY INC is well-positioned for potential price growth opportunities.
• PROFIRE ENERGY INC exhibits a favorable Debt-to-Equity ratio at 0.0. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• PROFIRE ENERGY INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 43.65%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Technical analysis of NASDAQ:PFIE

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

We assign a technical rating of 9 out of 10 to PFIE. Both in the recent history as in the last year, PFIE has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that PFIE is one of the better performing stocks in the market, outperforming 99% of all stocks.
• PFIE is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 98% of 67 stocks in the same industry.
• A new 52 week high is currently being made by PFIE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
• In the last month PFIE has a been trading in the 1.38 - 2.98 range, which is quite wide. It is currently trading near the high of this range.
• Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

Our latest full technical report of PFIE contains the most current technical analsysis.

A complete fundamental analysis of NASDAQ:PFIE

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to PFIE. PFIE was compared to 67 industry peers in the Energy Equipment & Services industry. PFIE is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. PFIE has a correct valuation and a medium growth rate.

Our latest full fundamental report of PFIE contains the most current fundamental analsysis.

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.