eEnergy Group Plc (LON:EAAS – Get Free Report)’s stock price shot up 29% during mid-day trading on Friday. The stock traded as high as GBX 0.40 and last traded at GBX 0.40. Approximately 81,151,844 shares were traded during trading, an increase of 2,692% from the average daily volume of 2,906,868 shares. The stock had previously closed at GBX 0.31.
Analyst Ratings Changes
Separately, Canaccord Genuity Group dropped their price target on eEnergy Group from GBX 12 to GBX 9 and set a “buy” rating on the stock in a research report on Tuesday, August 18th. One analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 9.
View Our Latest Report on EAAS
eEnergy Group Stock Performance
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 firm’s 50 day moving average is GBX 1.64 and its 200-day moving average is GBX 3.37. The firm has a market cap of £1.55 million, a price-to-earnings ratio of -0.51 and a beta of 1.11.
eEnergy Group (LON:EAAS – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported GBX (0.30) earnings per share (EPS) for the quarter. eEnergy Group had a negative return on equity of 1,238.11% and a negative net margin of 9.82%. Sell-side analysts anticipate that eEnergy Group Plc will post 0.40 earnings per share for the current fiscal year.
eEnergy Group Company Profile
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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