eEnergy Group (LON:EAAS) Sets New 52-Week Low – Should You Sell?

eEnergy Group Plc (LON:EAASGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 1.60 and last traded at GBX 1.66, with a volume of 4476829 shares changing hands. The stock had previously closed at GBX 1.68.

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 research report on Tuesday, August 18th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 9.

Get Our Latest Report on EAAS

eEnergy Group Stock Performance

The business’s 50-day moving average price is GBX 2.49 and its 200-day moving average price is GBX 4.10. The company has a current ratio of 0.88, a quick ratio of 0.99 and a debt-to-equity ratio of 7,144.44. The stock has a market cap of £6.58 million, a PE ratio of -2.15 and a beta of 1.11.

eEnergy Group (LON:EAASGet Free Report) last announced its earnings results on Monday, August 3rd. The company reported GBX (0.30) earnings per share 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, equities research analysts expect that eEnergy Group Plc will post 0.4001368 earnings per share for the current fiscal year.

About eEnergy Group

(Get Free Report)

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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