eEnergy Group (LON:EAAS) Trading Down 6.6% – Here’s What Happened

eEnergy Group Plc (LON:EAAS)’s share price traded down 6.6% during mid-day trading on Monday . The stock traded as low as GBX 4.80 and last traded at GBX 4.95. 868,126 shares traded hands during trading, a decline of 27% from the average session volume of 1,184,506 shares. The stock had previously closed at GBX 5.30.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 12 price target on shares of eEnergy Group in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 12.

eEnergy Group Stock Performance

The company has a market cap of £19.05 million, a PE ratio of -5.59 and a beta of 1.18. The company has a current ratio of 0.74, a quick ratio of 0.99 and a debt-to-equity ratio of 489.38. The stock has a 50 day moving average price of GBX 5.21 and a 200 day moving average price of GBX 5.06.

eEnergy Group (LON:EAAS) last posted its quarterly earnings results on Thursday, April 30th. The company reported GBX (0.88) earnings per share (EPS) for the quarter. The company had revenue of GBX 1,900 million during the quarter. eEnergy Group had a negative return on equity of 149.97% and a negative net margin of 17.86%. Sell-side analysts predict that eEnergy Group Plc will post 0.4001368 EPS for the current fiscal year.

eEnergy Group Company Profile