Energys Group Ltd (NASDAQ:ENGS) Sees Significant Decrease in Short Interest

Energys Group Ltd (NASDAQ:ENGS) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 7,652 shares, a drop of 66.0% from the June 15th total of 22,525 shares. Based on an average daily trading volume, of 718,272 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ENGS. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Energys Group in a research note on Friday, April 24th. Wall Street Zen raised shares of Energys Group from a “sell” rating to a “hold” rating in a research report on Sunday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Energys Group Trading Down 10.1%

Shares of ENGS traded down $0.30 during trading hours on Wednesday, hitting $2.63. The stock had a trading volume of 1,683,962 shares, compared to its average volume of 360,245. Energys Group has a 12-month low of $0.57 and a 12-month high of $12.48. The stock has a fifty day simple moving average of $1.95.

Energys Group (NASDAQ:ENGS) last posted its quarterly earnings results on Tuesday, June 30th. The company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $2.09 million during the quarter.

About Energys Group

We are an energy service company based in the United Kingdom with over 23 years of experience in deploying energy-saving technologies and services. We principally provide end-to-end customized solutions and services that involve retrofitting existing infrastructures to help public and private organizations reduce their CO2 emissions and save money. Our headquarters is located in the United Kingdom. We also have offices located in Hong Kong from which EGL(HK) conducts research and development and GAI and NVL engage in the procurement of lighting and other products, which are then sold to ECSL, our United Kingdom Operating Subsidiary.