eEnergy Group (LON:EAAS) Reaches New 52-Week Low – Should You Sell?

Shares of eEnergy Group Plc (LON:EAAS) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 1.60 and last traded at GBX 1.66, with a volume of 4476829 shares. The stock had previously closed at GBX 1.68.

Analyst Ratings Changes

Separately, Canaccord Genuity Group lowered their price target on eEnergy Group from GBX 12 to GBX 9 and set a “buy” rating on the stock in a research report on Tuesday, August 18th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 9.

eEnergy Group Stock Performance

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 company’s fifty day moving average is GBX 2.53 and its 200 day moving average is GBX 4.16. The company has a market cap of £6.43 million, a P/E ratio of -2.10 and a beta of 1.11.

eEnergy Group (LON:EAAS) last posted its quarterly earnings results on Monday, August 3rd. The company reported GBX (0.30) earnings per share 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, equities analysts predict that eEnergy Group Plc will post 0.4001368 earnings per share for the current fiscal year.

About eEnergy Group

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.