eEnergy Group (LON:EAAS) Given New GBX 0.90 Price Target at Canaccord Genuity Group

eEnergy Group (LON:EAAS) had its price target decreased by Canaccord Genuity Group to GBX 0.90 in a research note released on Friday morning,Digital Look reports. Canaccord Genuity Group currently has a buy rating on the stock.

eEnergy Group Stock Up 10.3%

Shares of eEnergy Group stock traded up GBX 0.03 during trading on Friday, hitting GBX 0.32. 35,475,301 shares of the stock traded hands, compared to its average volume of 5,665,044. The stock has a market cap of £10.06 million, a P/E ratio of -0.41 and a beta of 1.11. The company has a fifty day moving average price of GBX 0.99 and a two-hundred day moving average price of GBX 3.58. eEnergy Group has a twelve month low of GBX 0.28 and a twelve month high of GBX 6.70. The company has a debt-to-equity ratio of 7,144.44, a quick ratio of 0.99 and a current ratio of 0.88.

About eEnergy Group

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.