eEnergy Group (LON:EAAS) Stock Price Down 8.8% – Here’s What Happened

Shares of eEnergy Group Plc (LON:EAAS) were down 8.8% during trading on Monday . The stock traded as low as GBX 5.30 ($0.07) and last traded at GBX 5.47 ($0.07). Approximately 3,608,745 shares traded hands during trading, an increase of 220% from the average daily volume of 1,128,991 shares. The stock had previously closed at GBX 6 ($0.08).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 12 ($0.16) target price on shares of eEnergy Group in a report on Monday.

eEnergy Group Trading Down 8.8%

The company has a current ratio of 1.60, a quick ratio of 0.99 and a debt-to-equity ratio of 35.22. The firm has a 50-day moving average price of GBX 4.43 and a 200-day moving average price of GBX 4.47. The company has a market capitalization of £21.18 million, a price-to-earnings ratio of -4.89 and a beta of 1.40.

eEnergy Group Company Profile