eEnergy Group (LON:EAAS) Reaches New 52-Week Low – Here’s Why

eEnergy Group Plc (LON:EAASGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 1.90 and last traded at GBX 1.95, with a volume of 4603127 shares changing hands. The stock had previously closed at GBX 1.91.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Analysis on EAAS

eEnergy Group Stock Performance

The stock has a market capitalization of £7.47 million, a price-to-earnings ratio of -2.44 and a beta of 1.15. 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. The firm has a 50-day moving average of GBX 2.88 and a 200-day moving average of GBX 4.42.

eEnergy Group (LON:EAASGet Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported GBX (0.30) EPS for the quarter. eEnergy Group had a negative return on equity of 1,238.11% and a negative net margin of 9.82%. As a group, sell-side analysts predict that eEnergy Group Plc will post 0.4001368 earnings per share for the current 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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