Real Goods Solar (RGSE) Shares Down 5.3%

Real Goods Solar, Inc. (NASDAQ:RGSE)’s share price was down 5.3% during trading on Thursday . The stock traded as low as $1.25 and last traded at $1.26. Approximately 722,549 shares traded hands during trading, a decline of 20% from the average daily volume of 905,948 shares. The stock had previously closed at $1.33.

The stock has a market cap of $13.16, a PE ratio of -0.05 and a beta of 2.40.

A hedge fund recently raised its stake in Real Goods Solar stock. Vanguard Group Inc. lifted its position in shares of Real Goods Solar, Inc. (NASDAQ:RGSE) by 34.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 123,315 shares of the energy company’s stock after acquiring an additional 31,344 shares during the period. Vanguard Group Inc. owned 1.65% of Real Goods Solar worth $120,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 2.36% of the company’s stock.

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About Real Goods Solar

Real Goods Solar, Inc is a residential and commercial solar energy engineering, procurement, and construction company. The Company offers turnkey services, including design, procurement, permitting, build-out, grid connection, financing referrals and warranty and customer satisfaction activities. Its solar energy systems use solar photovoltaic (PV) modules.

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