eEnergy Group (LON:EAAS) Reaches New 12-Month Low – Time to Sell?

eEnergy Group Plc (LON:EAAS)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 2.62 and last traded at GBX 2.67, with a volume of 2142933 shares trading hands. The stock had previously closed at GBX 2.85.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 12 target price on shares of eEnergy Group in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 12.

eEnergy Group Stock Down 6.5%

The company has a debt-to-equity ratio of 489.38, a current ratio of 0.74 and a quick ratio of 0.99. The company has a market capitalization of £10.32 million, a P/E ratio of -3.03 and a beta of 1.12. The company has a 50 day moving average of GBX 4.99 and a 200-day moving average of GBX 5.03.

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