eEnergy Group (LON:EAAS) Sets New 1-Year Low – Time to Sell?

eEnergy Group Plc (LON:EAAS) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1.50 and last traded at GBX 1.62, with a volume of 2404027 shares. The stock had previously closed at GBX 1.65.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their target price on shares of eEnergy Group from GBX 12 to GBX 9 and set a “buy” rating on the stock in a report on Tuesday, August 18th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 9.

eEnergy Group Trading Down 2.6%

The firm has a 50 day simple moving average of GBX 2.38 and a 200 day simple moving average of GBX 3.93. The company has a debt-to-equity ratio of 7,144.44, a quick ratio of 0.99 and a current ratio of 0.88. The firm has a market cap of £5.47 million, a P/E ratio of -1.79 and a beta of 1.11.

eEnergy Group (LON:EAAS) last announced its quarterly earnings results on Monday, August 3rd. The company reported GBX (0.30) earnings per share for the quarter. eEnergy Group had a negative net margin of 9.82% and a negative return on equity of 1,238.11%. On average, equities research analysts predict that eEnergy Group Plc will post 0.4001368 EPS for the current fiscal year.

eEnergy Group Company Profile

eEnergy (AIM: EAAS) is a UK-based Energy-as-a-Service (EaaS) provider, funding and delivering energy-saving and energy-generating solutions across multi-site public sector and commercial portfolios-helping customers cut energy waste, reduce operating costs, and improve building resilience with zero upfront cost.

eEnergy delivers four core solutions:
· Reduce: LED lighting and controls
· Generate: Solar PV (rooftop, ground mount, and carport)
· Store: Battery storage (store onsite generation and reduce peak-time import costs)
· Charge: EV charging infrastructure and management

Projects are funded through dedicated third party debt facilities, including up to £100m of project funding via eEnergy’s partnership with Redaptive.

eEnergy’s routes to market include direct sales, public sector frameworks, tenders, and strategic partnerships.