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

StockNews.com assumed coverage on shares of Via Renewables (NASDAQ:VIA) in a research report report published on Wednesday morning. The brokerage issued a hold rating on the stock.

Via Renewables Stock Performance

Shares of VIA stock opened at $11.00 on Wednesday. The firm has a market capitalization of $79.53 million, a price-to-earnings ratio of 2.74 and a beta of 1.34. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.34 and a quick ratio of 2.32. The business has a fifty day moving average of $10.86 and a 200 day moving average of $10.55. Via Renewables has a 1 year low of $5.22 and a 1 year high of $11.61.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Via Renewables stock. Bailard Inc. purchased a new position in shares of Via Renewables, Inc. (NASDAQ:VIA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 12,565 shares of the company’s stock, valued at approximately $118,000. Bailard Inc. owned 0.17% of Via Renewables as of its most recent SEC filing. 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.