UGE International (CVE:UGE) Downgraded by Ventum Cap Mkts to Neutral

Ventum Cap Mkts lowered shares of UGE International (CVE:UGE) from a buy rating to a neutral rating in a research note released on Thursday, Zacks.com reports.

Separately, Cormark downgraded shares of UGE International from a buy rating to a market perform rating and dropped their target price for the stock from C$2.75 to C$1.00 in a report on Wednesday, May 1st.

UGE International Stock Performance

Shares of UGE opened at C$0.56 on Thursday. The company has a market capitalization of C$18.63 million, a PE ratio of -1.02 and a beta of 0.71. UGE International has a one year low of C$0.50 and a one year high of C$2.03. The company has a debt-to-equity ratio of 1,211.57, a current ratio of 1.14 and a quick ratio of 0.73. The company’s fifty day moving average price is C$0.78 and its 200 day moving average price is C$0.99.

About UGE International

UGE International Ltd. develops, builds, finances, owns, and operates commercial and community solar facilities in Canada, the United States, and the Philippines. It also provides energy storage services; and engineering and consulting services. The company was founded in 2008 and is headquartered in Toronto, Canada.