eEnergy Group (LON:EAAS) Reaches New 12-Month Low – Here’s Why

Shares of eEnergy Group Plc (LON:EAAS – Get Free Report) hit a new 52-week low during trading on Monday. The company traded as low as GBX 0.28 and last traded at GBX 0.30, with a volume of 93,485,227 shares trading hands. The stock had previously closed at GBX 0.29.

Analysts Set New Price Targets

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

Check Out Our Latest Report on EAAS

eEnergy Group Stock Performance

The stock has a market capitalization of £1.28 million, a price-to-earnings ratio of -0.42 and a beta of 1.11. The company’s fifty day simple moving average is GBX 1.28 and its 200 day simple moving average is GBX 3.76. The company has a quick ratio of 0.99, a current ratio of 0.88 and a debt-to-equity ratio of 7,144.44.

eEnergy Group (LON:EAAS – Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported GBX (0.30) earnings per share (EPS) for the quarter. eEnergy Group had a negative return on equity of 1,238.11% and a negative net margin of 9.82%. On average, equities research analysts expect that eEnergy Group Plc will post 0.40 earnings per share for the current year.

eEnergy Group Company Profile

(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

Receive News & Ratings for eEnergy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eEnergy Group and related companies with MarketBeat.com's FREE daily email newsletter.