Energys Group Ltd (NASDAQ:ENGS) Sees Large Decline in Short Interest

Energys Group Ltd (NASDAQ:ENGS) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 146,053 shares, a drop of 55.7% from the July 30th total of 329,760 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average trading volume of 1,454,711 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

ENGS has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Energys Group from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings restated a “sell (e+)” rating on shares of Energys Group in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Energys Group Stock Performance

NASDAQ ENGS remained flat at $2.59 during trading on Friday. The company’s stock had a trading volume of 4,321,216 shares, compared to its average volume of 1,153,272. Energys Group has a 12-month low of $0.57 and a 12-month high of $12.48. The firm’s fifty day moving average price is $2.71 and its 200 day moving average price is $1.75.

Energys Group (NASDAQ:ENGS) last posted its quarterly earnings results on Tuesday, June 30th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $2.09 million for the quarter.

Energys Group Company Profile

We are an energy service company based in the United Kingdom with over 23 years of experience in deploying energy-saving technologies and services. We principally provide end-to-end customized solutions and services that involve retrofitting existing infrastructures to help public and private organizations reduce their CO2 emissions and save money. Our headquarters is located in the United Kingdom. We also have offices located in Hong Kong from which EGL(HK) conducts research and development and GAI and NVL engage in the procurement of lighting and other products, which are then sold to ECSL, our United Kingdom Operating Subsidiary.