eEnergy Group (LON:EAAS) Sets New 12-Month High – Should You Buy?

eEnergy Group Plc (LON:EAAS)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 7.10 ($0.09) and last traded at GBX 6 ($0.08), with a volume of 10010879 shares trading hands. The stock had previously closed at GBX 4.95 ($0.07).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 12 ($0.16) target price on shares of eEnergy Group in a research note on Thursday, January 30th.

eEnergy Group Stock Up 21.2%

The business’s fifty day moving average price is GBX 4.43 and its 200 day moving average price is GBX 4.48. The firm has a market capitalization of £23.23 million, a price-to-earnings ratio of -5.37 and a beta of 1.40. The company has a current ratio of 1.60, a quick ratio of 0.99 and a debt-to-equity ratio of 35.22.

eEnergy Group Company Profile