Via Renewables (NASDAQ:VIA) Now Covered by StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Via Renewables (NASDAQ:VIA) in a research note issued to investors on Friday. The firm set a “hold” rating on the stock.

Via Renewables Stock Performance

Shares of VIA opened at $10.93 on Friday. Via Renewables has a 52 week low of $5.22 and a 52 week high of $13.31. The company has a debt-to-equity ratio of 2.51, a quick ratio of 1.95 and a current ratio of 1.99. The company has a market capitalization of $79.02 million, a PE ratio of 2.72 and a beta of 1.28. The company’s 50 day moving average price is $10.87 and its 200 day moving average price is $9.77.

Via Renewables (NASDAQ:VIA) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $1.81 EPS for the quarter. Via Renewables had a net margin of 5.68% and a return on equity of 64.71%. The business had revenue of $114.06 million for the quarter.

Institutional Trading of Via Renewables

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bailard Inc. purchased a new stake in shares of Via Renewables during the fourth quarter worth $118,000. Metis Global Partners LLC acquired a new position in Via Renewables during the third quarter worth $125,000. Finally, AE Wealth Management LLC acquired a new position in Via Renewables during the third quarter worth $146,000. 74.40% of the stock is currently owned by hedge funds and other institutional investors.

Via Renewables Company Profile

Via Renewables, Inc, through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers.