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

Shares of eEnergy Group Plc (LON:EAAS) hit a new 52-week low during trading on Tuesday. The company traded as low as GBX 0.30 and last traded at GBX 0.37, with a volume of 106155242 shares traded. The stock had previously closed at GBX 1.45.

Analyst Ratings Changes

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

eEnergy Group Trading Down 74.5%

The company has a 50 day moving average of GBX 2.06 and a 200 day moving average of GBX 3.62. 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 cap of £1.43 million, a price-to-earnings ratio of -0.47 and a beta of 1.11.

eEnergy Group (LON:EAAS) last released its quarterly earnings results 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, research analysts anticipate that eEnergy Group Plc will post 0.4001368 EPS for the current 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.