eEnergy Group (LON:EAAS) Posts Quarterly Earnings Results

eEnergy Group (LON:EAASGet Free Report) released its quarterly earnings data on Monday. The company reported GBX (0.30) EPS for the quarter, Digital Look Earnings reports. eEnergy Group had a negative return on equity of 149.97% and a negative net margin of 17.86%.

eEnergy Group Stock Performance

EAAS stock traded down GBX 0.41 during midday trading on Monday, hitting GBX 2.81. 1,186,813 shares of the stock traded hands, compared to its average volume of 1,491,874. eEnergy Group has a 1-year low of GBX 2.33 and a 1-year high of GBX 6.70. The firm has a market cap of £10.90 million, a P/E ratio of -3.20 and a beta of 1.13. The company has a debt-to-equity ratio of 489.38, a current ratio of 0.74 and a quick ratio of 0.99. The stock’s fifty day simple moving average is GBX 3.72 and its 200-day simple moving average is GBX 4.73.

Wall Street Analysts Forecast Growth

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 a consensus rating of “Buy” and an average price target of GBX 12.

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About eEnergy Group

(Get Free Report)

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.

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