eEnergy Group (LON:EAAS) Sets New 52-Week Low – Here’s Why

eEnergy Group Plc (LON:EAAS – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 0.30 and last traded at GBX 0.35, with a volume of 16,404,770 shares traded. The stock had previously closed at GBX 0.36.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on EAAS

eEnergy Group Stock Up 7.3%

The company has a debt-to-equity ratio of 7,144.44, a quick ratio of 0.99 and a current ratio of 0.88. The company has a fifty day simple moving average of GBX 1.46 and a two-hundred day simple moving average of GBX 3.25. The firm has a market capitalization of £1.31 million, a PE ratio of -0.43 and a beta of 1.11.

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

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