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

eEnergy Group Plc (LON:EAAS) shares hit a new 52-week low on Tuesday . The stock traded as low as GBX 2.62 and last traded at GBX 2.67, with a volume of 2142933 shares changing hands. The stock had previously closed at GBX 2.85.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 12 price objective on shares of eEnergy Group in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 12.

eEnergy Group Price Performance

The company has a current ratio of 0.74, a quick ratio of 0.99 and a debt-to-equity ratio of 489.38. The business has a fifty day moving average price of GBX 4.99 and a 200-day moving average price of GBX 5.03. The stock has a market capitalization of £10.32 million, a PE ratio of -3.03 and a beta of 1.12.

eEnergy Group (LON:EAAS) last posted its quarterly earnings results on Thursday, April 30th. The company reported GBX (0.88) EPS for the quarter. The business 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%. Research analysts expect that eEnergy Group Plc will post 0.4001368 EPS 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.