Shares of eEnergy Group Plc (LON:EAAS – Get Free Report) were down 34.5% during mid-day trading on Monday . The company traded as low as GBX 3.10 and last traded at GBX 3.34. Approximately 32,124,324 shares traded hands during mid-day trading, an increase of 2,179% from the average daily volume of 1,409,308 shares. The stock had previously closed at GBX 5.09.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 12 price objective on shares of eEnergy Group in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 12.
Check Out Our Latest Analysis on eEnergy Group
eEnergy Group Price Performance
eEnergy Group (LON:EAAS – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported GBX (0.88) earnings per share (EPS) for the quarter. The business had revenue of GBX 1,900 million for the quarter. eEnergy Group had a negative return on equity of 149.97% and a negative net margin of 17.86%. On average, equities research analysts anticipate that eEnergy Group Plc will post 0.4001368 EPS for the current fiscal year.
eEnergy Group Company Profile
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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