eEnergy Group (LON:EAAS) Trading Down 9.4% – What’s Next?

eEnergy Group Plc (LON:EAAS) dropped 9.4% on Monday . The company traded as low as GBX 5.21 and last traded at GBX 5.21. Approximately 3,866,290 shares were traded during trading, an increase of 209% from the average daily volume of 1,249,452 shares. The stock had previously closed at GBX 5.75.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 12 target price on shares of eEnergy Group in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, eEnergy Group currently has an average rating of “Buy” and a consensus price target of GBX 12.

eEnergy Group Trading Up 1.9%

The stock has a market capitalization of £21.30 million, a P/E ratio of -6.25 and a beta of 1.18. The company has a current ratio of 0.74, a quick ratio of 0.99 and a debt-to-equity ratio of 489.38. The company has a 50-day moving average price of GBX 5.13 and a 200 day moving average price of GBX 5.04.

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

eEnergy Group Company Profile