Real Goods Solar, Inc. (NASDAQ:RGSE) Issues Quarterly Earnings Results
Real Goods Solar, Inc. (NASDAQ:RGSE) released its quarterly earnings results on Wednesday. The energy company reported ($0.53) EPS for the quarter, Morningstar.com reports. The firm had revenue of $3 million for the quarter. Real Goods Solar had a negative net margin of 159.31% and a negative return on equity of 575.03%.
Real Goods Solar (NASDAQ RGSE) traded down 10.357% during trading on Thursday, reaching $0.753. 194,626 shares of the company’s stock traded hands. Real Goods Solar has a one year low of $0.18 and a one year high of $8.28. The stock’s market cap is $5.63 million. The firm’s 50 day moving average price is $0.92 and its 200-day moving average price is $1.31.
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An institutional investor recently raised its position in Real Goods Solar stock. KCG Holdings Inc. increased its position in Real Goods Solar, Inc. (NASDAQ:RGSE) by 78.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 106,551 shares of the energy company’s stock after buying an additional 46,710 shares during the period. KCG Holdings Inc. owned approximately 1.42% of Real Goods Solar worth $147,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 5.77% of the company’s stock.
Real Goods Solar Company Profile
Real Goods Solar, Inc is a residential and commercial solar energy engineering, procurement, and construction company. The Company offers turnkey services, including design, procurement, permitting, build-out, grid connection, financing referrals and warranty and customer satisfaction activities. Its solar energy systems use solar photovoltaic (PV) modules.
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