eEnergy Group (LON:EAAS) Reaches New 12-Month Low – Here’s What Happened

eEnergy Group Plc (LON:EAASGet Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as GBX 2.80 and last traded at GBX 3.10, with a volume of 8740850 shares changing hands. The stock had previously closed at GBX 3.10.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Analysis on EAAS

eEnergy Group Stock Performance

The company has a debt-to-equity ratio of 489.38, a current ratio of 0.74 and a quick ratio of 0.99. The stock has a market capitalization of £12.00 million, a P/E ratio of -3.52 and a beta of 1.12. The company has a 50 day simple moving average of GBX 5.19 and a 200-day simple moving average of GBX 5.07.

eEnergy Group (LON:EAASGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported GBX (0.88) earnings per share for the quarter. eEnergy Group had a negative return on equity of 149.97% and a negative net margin of 17.86%.The firm had revenue of GBX 1,900 million during the quarter. On average, equities analysts forecast that eEnergy Group Plc will post 0.4001368 EPS for the current 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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