American DG Energy (ADGE) Releases Quarterly Earnings Results
American DG Energy (NYSE:ADGE) announced its earnings results on Thursday. The company reported ($0.03) earnings per share for the quarter, American Banking News reports.
American DG Energy (NYSE:ADGE) traded up 3.20% during mid-day trading on Thursday, hitting $1.29. 37,948 shares of the company’s stock traded hands. American DG Energy has a one year low of $1.18 and a one year high of $2.59. The stock has a 50-day moving average of $1.52 and a 200-day moving average of $2.01. The company’s market cap is $64.3 million. American DG Energy also was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totalling 568,438 shares, a growth of 26.5% from the July 15th total of 449,200 shares. Approximately 2.8% of the company’s stock are short sold. Based on an average trading volume of 151,346 shares, the days-to-cover ratio is currently 3.8 days.
American DG Energy Inc (NYSE:ADGE) distributes, owns and operates clean, on-site energy systems that produce electricity, hot water, heat and cooling.
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