eEnergy Group (LON:EAAS) Hits New 1-Year Low – Should You Sell?

Shares of eEnergy Group Plc (LON:EAAS) hit a new 52-week low on Wednesday . The stock traded as low as GBX 2.80 and last traded at GBX 3.10, with a volume of 8740850 shares trading hands. The stock had previously closed at GBX 3.10.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 12 price target on shares of eEnergy Group in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 12.

eEnergy Group Stock Performance

The firm’s 50 day simple moving average is GBX 5.19 and its two-hundred day simple moving average is GBX 5.07. The stock has a market capitalization of £12.00 million, a P/E ratio of -3.52 and a beta of 1.12. The company has a quick ratio of 0.99, a current ratio of 0.74 and a debt-to-equity ratio of 489.38.

eEnergy Group (LON:EAAS) last released its quarterly earnings data on Thursday, April 30th. The company reported GBX (0.88) earnings per share (EPS) for the quarter. The company had revenue of GBX 1,900 million for the quarter. eEnergy Group had a negative return on equity of 149.97% and a negative net margin of 17.86%. As a group, analysts forecast that eEnergy Group Plc will post 0.4001368 earnings per share for the current fiscal 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.