eEnergy Group (LON:EAAS) Trading Down 6% – Time to Sell?

eEnergy Group Plc (LON:EAAS)’s stock price fell 6% during trading on Friday . The company traded as low as GBX 4.47 ($0.06) and last traded at GBX 4.47 ($0.06). 526,055 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 1,102,429 shares. The stock had previously closed at GBX 4.75 ($0.06).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 12 ($0.15) price target on shares of eEnergy Group in a report on Thursday, January 30th.

eEnergy Group Stock Down 6.0 %

The business’s 50 day simple moving average is GBX 4.38 and its 200 day simple moving average is GBX 4.83. 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 market capitalization of £17.29 million, a PE ratio of -3.99 and a beta of 1.40.

eEnergy Group Company Profile