SUNation Energy (NASDAQ:SUNE) CFO James Robert Brennan Purchases 123,254 Shares

SUNation Energy Inc. (NASDAQ:SUNE) CFO James Robert Brennan bought 123,254 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were bought at an average cost of $1.77 per share, with a total value of $218,159.58. Following the completion of the transaction, the chief financial officer owned 123,269 shares in the company, valued at $218,186.13. The trade was a 821,693.33% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

SUNation Energy Stock Up 20.6%

Shares of NASDAQ:SUNE opened at $1.52 on Friday. The firm has a market cap of $5.18 million, a P/E ratio of -0.01 and a beta of 2.29. The company has a quick ratio of 0.90, a current ratio of 1.07 and a debt-to-equity ratio of 0.18. SUNation Energy Inc. has a 12-month low of $0.68 and a 12-month high of $3.46. The business has a fifty day simple moving average of $1.62 and a 200 day simple moving average of $1.40.

SUNation Energy (NASDAQ:SUNE) last announced its earnings results on Wednesday, March 18th. The company reported $1.81 earnings per share (EPS) for the quarter. The business had revenue of $27.21 million during the quarter. SUNation Energy had a negative return on equity of 52.50% and a negative net margin of 15.15%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Wall Street Zen raised SUNation Energy to a “buy” rating in a research report on Saturday, March 28th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SUNation Energy in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

SUNation Energy Company Profile

SUNation Energy Group, Inc is a Florida-based solar energy company specializing in the design, engineering, procurement, construction and maintenance of photovoltaic solar systems. Headquartered in Boca Raton, the company focuses on delivering turnkey solar solutions for residential and commercial customers. Its integrated service model spans site assessment, system design, installation, interconnection and ongoing performance monitoring.

The company’s product offering includes rooftop and ground-mounted solar arrays, energy storage systems and electric vehicle charging stations.