eEnergy Group (LON:EAAS) Sets New 12-Month Low – Here’s Why

eEnergy Group Plc (LON:EAAS)’s stock price hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 0.30 and last traded at GBX 0.37, with a volume of 106155242 shares changing hands. The stock had previously closed at GBX 1.45.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their target price 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 equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 9.

eEnergy Group Stock Performance

The stock has a fifty day moving average price of GBX 2.06 and a 200 day moving average price of GBX 3.62. 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 firm has a market cap of £1.43 million, a price-to-earnings ratio of -0.47 and a beta of 1.11.

eEnergy Group (LON:EAAS) last announced its 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%. As a group, analysts predict that eEnergy Group Plc will post 0.4001368 earnings per share for the current 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.