Via Renewables (NASDAQ:VIA) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Via Renewables (NASDAQ:VIA) in a report published on Saturday morning. The brokerage issued a hold rating on the stock.

Via Renewables Trading Up 0.1 %

Shares of VIA stock opened at $10.93 on Friday. The stock has a market capitalization of $79.02 million, a P/E ratio of 2.72 and a beta of 1.28. Via Renewables has a fifty-two week low of $5.22 and a fifty-two week high of $13.31. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.32 and a current ratio of 2.34. The company has a 50 day moving average price of $10.88 and a 200 day moving average price of $10.04.

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 57.36%. The business had revenue of $114.06 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Via Renewables stock. Metis Global Partners LLC bought a new position in shares of Via Renewables, Inc. (NASDAQ:VIA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 17,195 shares of the company’s stock, valued at approximately $125,000. Metis Global Partners LLC owned approximately 0.24% of Via Renewables at the end of the most recent quarter. Institutional investors and hedge funds own 74.40% of the company’s stock.

About Via Renewables

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.