Ameresco Inc. (AMRC)
|Product or Service||Building Efficiency|
|Application||Analysis and implementation of efficiency for large buildings. Small renewable power plant instillation.|
Ameresco Inc. AMRC provides energy efficiency solutions for facilities throughout North America. This includes a variety of measures to improve the efficiency of major building systems such as heating, ventilation, air conditioning and lighting systems. Ameresco also installs small-scale renewable energy plants. This is a fairly new publicly traded company, added to the New York Stock Exchange in July 2010.
|8/1/2014||Ameresco revenues climb 42% to $143 million, beating analyst estimates by 17%. EPS turn positive, and are at the highest levels in six quarters. AMRC jumps 11%, but is still down 16% for the year and is 55% below its 2011 highs.||Boston Globe|
|6/4/2014||Ameresco gains 10% on insider buying activity. CEO George P. Sakellaris has purchased 85,000 shares in a month worth over half a million dollars, bringing his direct ownership to over $18 million. AMRC is down 20% for the year, we still see the stock as Overvalued.||NASDAQ|
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