eEnergy Group (LON:EAAS) Issues Quarterly Earnings Results

eEnergy Group (LON:EAASGet Free Report) issued its quarterly earnings results on Monday. The company reported GBX (0.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. eEnergy Group had a negative return on equity of 149.97% and a negative net margin of 17.86%.

eEnergy Group Stock Performance

eEnergy Group stock traded down GBX 0.41 during mid-day trading on Monday, reaching GBX 2.81. 1,186,813 shares of the stock traded hands, compared to its average volume of 1,491,874. The business’s 50-day moving average is GBX 3.72 and its 200-day moving average is GBX 4.73. The stock has a market capitalization of £10.90 million, a PE ratio of -3.20 and a beta of 1.13. eEnergy Group has a 12-month low of GBX 2.33 and a 12-month high of GBX 6.70. The company has a debt-to-equity ratio of 489.38, a current ratio of 0.74 and a quick ratio of 0.99.

Analyst Upgrades and Downgrades

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

View Our Latest Analysis on eEnergy Group

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.

Further Reading

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