eEnergy Group (LON:EAAS) Shares Up 8.2% – Should You Buy?

Shares of eEnergy Group Plc (LON:EAASGet Free Report) rose 8.2% during mid-day trading on Tuesday . The company traded as high as GBX 2.87 and last traded at GBX 2.78. 2,563,621 shares were traded during mid-day trading, an increase of 69% from the average session volume of 1,517,350 shares. The stock had previously closed at GBX 2.57.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on eEnergy Group

eEnergy Group Stock Up 8.2%

The company has a debt-to-equity ratio of 7,144.44, a quick ratio of 0.99 and a current ratio of 0.88. The firm has a fifty day simple moving average of GBX 3.42 and a 200-day simple moving average of GBX 4.64. The firm has a market cap of £10.76 million, a price-to-earnings ratio of -3.52 and a beta of 1.15.

eEnergy Group (LON:EAASGet Free Report) last released 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%. As a group, sell-side analysts expect that eEnergy Group Plc will post 0.4001368 EPS for the current year.

eEnergy Group Company Profile

(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.

Further Reading

Receive News & Ratings for eEnergy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eEnergy Group and related companies with MarketBeat.com's FREE daily email newsletter.