Via Renewables (NASDAQ:VIA) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Via Renewables (NASDAQ:VIA) in a report issued on Sunday morning. The firm issued a hold rating on the stock.

Via Renewables Stock Down 0.1 %

NASDAQ VIA opened at $10.96 on Friday. Via Renewables has a 52 week low of $5.22 and a 52 week high of $12.35. The company has a quick ratio of 2.32, a current ratio of 2.34 and a debt-to-equity ratio of 1.64. The business’s fifty day simple moving average is $10.89 and its 200-day simple moving average is $10.24. The firm has a market cap of $79.24 million, a PE ratio of 2.73 and a beta of 1.28.

Via Renewables (NASDAQ:VIA) last posted its earnings results on Wednesday, May 1st. The company reported $1.81 EPS for the quarter. Via Renewables had a net margin of 5.68% and a return on equity of 57.36%. The company had revenue of $114.06 million for the quarter.

Institutional Investors Weigh In On Via Renewables

A hedge fund recently bought a new stake in Via Renewables stock. Metis Global Partners LLC purchased a new position in shares of Via Renewables, Inc. (NASDAQ:VIA) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 17,195 shares of the company’s stock, valued at approximately $125,000. Metis Global Partners LLC owned 0.24% of Via Renewables at the end of the most recent reporting period. Institutional investors and hedge funds own 74.40% of the company’s stock.

About Via Renewables

Via Renewables, Inc, through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers.