Skip to content

Capstone Green Energy Corporation Down 74% But Technical Chart Points To Massive Upside

CGRN Stock Is a Way to Play the Future of Micro Green Energy

The global pursuit of clean energy and lower carbon emissions will likely power strong tailwinds for green energy stocks over the next few decades. Most investors likely haven’t heard of Capstone Green Energy Corporation (NASDAQ:CGRN). It wouldn’t be surprising, given the company’s tiny market cap of $55.0 million.

Capstone stock traded as high as $13.69 in February 2021, but it has plummeted by 74% since then, including by 41% over the last three months. I view the selling of CGRN stock as an aggressive contrarian opportunity because the company has been reporting improved fundamentals.

Click here to learn more about Capstone stock.

The post Capstone Green Energy Corporation Down 74% But Technical Chart Points to Massive Upside appeared first on Profit Confidential.