eEnergy Group (LON:EAAS) Reaches New 12-Month Low – Here’s Why

Shares of eEnergy Group Plc (LON:EAAS – Get Free Report) reached a new 52-week low on Tuesday. The stock traded as low as GBX 0.30 and last traded at GBX 0.35, with a volume of 16,404,770 shares traded. The stock had previously closed at GBX 0.36.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group cut their target price on eEnergy Group from GBX 12 to GBX 9 and set a “buy” rating on the stock in a research report on Tuesday, August 18th. One analyst has rated the stock with a Buy rating. According to data from MarketBeat, eEnergy Group currently has an average rating of “Buy” and an average price target of GBX 9.

Read Our Latest Research Report on eEnergy Group

eEnergy Group Price Performance

The business has a 50-day moving average of GBX 1.55 and a 200 day moving average of GBX 3.31. The company has a current ratio of 0.88, a quick ratio of 0.99 and a debt-to-equity ratio of 7,144.44. The firm has a market capitalization of £1.34 million, a P/E ratio of -0.44 and a beta of 1.11.

eEnergy Group (LON:EAAS – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported GBX (0.30) EPS for the quarter. eEnergy Group had a negative net margin of 9.82% and a negative return on equity of 1,238.11%. On average, sell-side analysts predict that eEnergy Group Plc will post 0.40 earnings per share for the current fiscal year.

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.

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