eEnergy Group (LON:EAAS) Shares Down 10% – What’s Next?

eEnergy Group Plc (LON:EAAS)’s stock price was down 10% during trading on Monday . The company traded as low as GBX 2.80 and last traded at GBX 2.90. 1,982,609 shares were traded during mid-day trading, an increase of 32% from the average session volume of 1,497,287 shares. The stock had previously closed at GBX 3.22.

Wall Street Analyst Weigh In

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

eEnergy Group Stock Down 10.0%

The business has a 50 day moving average of GBX 3.72 and a 200 day moving average of GBX 4.73. The firm has a market capitalization of £11.23 million, a price-to-earnings ratio of -3.30 and a beta of 1.13. The company has a debt-to-equity ratio of 489.38, a current ratio of 0.74 and a quick ratio of 0.99.

eEnergy Group (LON:EAAS) last posted its earnings results on Monday, August 3rd. The company reported GBX (0.30) EPS for the quarter. eEnergy Group had a negative return on equity of 149.97% and a negative net margin of 17.86%. On average, equities analysts anticipate that eEnergy Group Plc will post 0.4001368 EPS for the current 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.