eEnergy Group (LON:EAAS) Reaches New 12-Month Low – Should You Sell?

eEnergy Group Plc (LON:EAAS – Get Free Report) hit a new 52-week low on Monday. The company traded as low as GBX 0.28 and last traded at GBX 0.30, with a volume of 93,485,227 shares. The stock had previously closed at GBX 0.29.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group lowered their target price 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 analyst has rated the stock with a Buy rating. According to data from MarketBeat, eEnergy Group has an average rating of “Buy” and an average target price of GBX 9.

View Our Latest Stock Report on eEnergy Group

eEnergy Group Price Performance

The stock has a market cap of £1.17 million, a P/E ratio of -0.38 and a beta of 1.11. The company has a 50 day simple moving average of GBX 1.36 and a 200 day simple moving average of GBX 3.19. The company has a current ratio of 0.88, a quick ratio of 0.99 and a debt-to-equity ratio of 7,144.44.

eEnergy Group (LON:EAAS – Get Free Report) last released 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 return on equity of 1,238.11% and a negative net margin of 9.82%. Sell-side analysts forecast that eEnergy Group Plc will post 0.40 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.

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