eEnergy Group (LON:EAAS) Hits New 12-Month Low – Here’s What Happened

eEnergy Group Plc (LON:EAAS – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as GBX 0.30 and last traded at GBX 0.37, with a volume of 106155242 shares traded. The stock had previously closed at GBX 1.45.

Analyst Upgrades and Downgrades

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

Get Our Latest Research Report on eEnergy Group

eEnergy Group Trading Down 5.9%

The stock has a market capitalization of £1.35 million, a price-to-earnings ratio of -0.44 and a beta of 1.11. The company has a debt-to-equity ratio of 7,144.44, a current ratio of 0.88 and a quick ratio of 0.99. The business’s 50-day simple moving average is GBX 1.96 and its two-hundred day simple moving average is GBX 3.56.

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

About eEnergy Group

(Get Free Report)

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.

Further Reading

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