eEnergy Group (LON:EAAS) Reaches New 12-Month Low – What’s Next?

Shares of eEnergy Group Plc (LON:EAAS) reached a new 52-week low on Tuesday . The company traded as low as GBX 1.30 and last traded at GBX 1.43, with a volume of 659094 shares trading hands. The stock had previously closed at GBX 1.40.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reduced their price target on eEnergy Group from GBX 12 to GBX 9 and set a “buy” rating for the company in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 9.

eEnergy Group Stock Up 1.8%

The company has a debt-to-equity ratio of 7,144.44, a quick ratio of 0.99 and a current ratio of 0.88. The stock’s fifty day simple moving average is GBX 2.32 and its two-hundred day simple moving average is GBX 3.88. The stock has a market capitalization of £5.52 million, a P/E ratio of -1.80 and a beta of 1.11.

eEnergy Group (LON:EAAS) last released its earnings results on Monday, August 3rd. The company reported GBX (0.30) earnings per share (EPS) for the quarter. eEnergy Group had a negative net margin of 9.82% and a negative return on equity of 1,238.11%. As a group, research analysts expect that eEnergy Group Plc will post 0.4001368 EPS 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.