eEnergy Group (LON:EAAS) Sets New 1-Year Low – Here’s Why

eEnergy Group Plc (LON:EAAS)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 2.80 and last traded at GBX 3.10, with a volume of 8740850 shares trading hands. The stock had previously closed at GBX 3.10.

Analyst Ratings Changes

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

eEnergy Group Trading Down 4.0%

The company has a market capitalization of £11.16 million, a price-to-earnings ratio of -3.27 and a beta of 1.12. The company has a debt-to-equity ratio of 489.38, a quick ratio of 0.99 and a current ratio of 0.74. The firm has a fifty day moving average price of GBX 5.10 and a 200-day moving average price of GBX 5.05.

eEnergy Group (LON:EAAS) last posted its quarterly earnings results on Thursday, April 30th. The company reported GBX (0.88) EPS for the quarter. The company had revenue of GBX 1,900 million during the quarter. eEnergy Group had a negative net margin of 17.86% and a negative return on equity of 149.97%. As a group, equities 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.