Zeo Energy (NASDAQ:ZEO – Get Free Report) issued its quarterly earnings data on Friday. The company reported ($0.07) earnings per share (EPS) for the quarter, Zacks reports.
Zeo Energy Stock Down 0.4%
Shares of ZEO stock traded down $0.00 during trading hours on Friday, reaching $0.62. 44,796 shares of the company’s stock were exchanged, compared to its average volume of 422,868. Zeo Energy has a 1 year low of $0.36 and a 1 year high of $2.42. The company has a current ratio of 1.65, a quick ratio of 1.58 and a debt-to-equity ratio of 0.02. The stock has a market cap of $35.97 million, a PE ratio of -1.68 and a beta of 0.68. The stock’s fifty day moving average price is $0.63 and its two-hundred day moving average price is $0.80.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Zeo Energy in a research note on Friday, June 12th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Zeo Energy has a consensus rating of “Sell”.
Institutional Trading of Zeo Energy
A number of institutional investors have recently bought and sold shares of the stock. CIBC Bancorp USA Inc. purchased a new stake in Zeo Energy during the 3rd quarter worth approximately $26,000. SHANDA ASSET MANAGEMENT HOLDINGS Ltd acquired a new position in Zeo Energy during the 3rd quarter valued at approximately $50,000. Finally, Geode Capital Management LLC raised its holdings in shares of Zeo Energy by 98.2% in the second quarter. Geode Capital Management LLC now owns 173,670 shares of the company’s stock worth $504,000 after buying an additional 86,047 shares during the last quarter.
Zeo Energy Company Profile
Zeo Energy Corp. provides residential solar energy systems, other energy efficient equipment, and related services in Florida, Texas, Arkansas, and Missouri, the United States. The company is involved in the selling and installing of residential solar energy systems that homeowners use electricity required to power their homes. Its residential solar energy systems comprise solar panels, inverters, and racking systems. It also offers insulation services, such as adding insulation to a home's attic or walls; energy efficiency equipment, including hybrid electric water heaters and swimming pool pumps; battery-based energy storage systems; and roofing services.
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