eEnergy Group (LON:EAAS) Trading Down 9.4% – What’s Next?

eEnergy Group Plc (LON:EAAS) shares were down 9.4% during trading on Monday . The company traded as low as GBX 5.21 and last traded at GBX 5.21. Approximately 3,866,290 shares traded hands during trading, an increase of 209% from the average daily volume of 1,249,452 shares. The stock had previously closed at GBX 5.75.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 12 price objective on shares of eEnergy Group in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 12.

eEnergy Group Price Performance

The stock’s 50-day moving average is GBX 5.13 and its 200 day moving average is GBX 5.04. The stock has a market capitalization of £20.48 million, a PE ratio of -6.01 and a beta of 1.18. The company has a quick ratio of 0.99, a current ratio of 0.74 and a debt-to-equity ratio of 489.38.

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

About eEnergy Group