Real Goods Solar, Inc. (RGSE) Releases Earnings Results
Real Goods Solar, Inc. (NASDAQ:RGSE) released its earnings results on Wednesday. The energy company reported ($0.53) earnings per share for the quarter, Morningstar.com reports. Real Goods Solar had a negative net margin of 159.31% and a negative return on equity of 575.03%. The firm had revenue of $3 million for the quarter.
Real Goods Solar (RGSE) traded down 10.357% on Thursday, hitting $0.753. 194,626 shares of the company were exchanged. The company’s market capitalization is $5.63 million. Real Goods Solar has a 52 week low of $0.18 and a 52 week high of $8.28. The firm’s 50 day moving average is $0.92 and its 200 day moving average is $1.31.
A hedge fund recently raised its stake in Real Goods Solar stock. KCG Holdings Inc. boosted its stake in shares of Real Goods Solar, Inc. (NASDAQ:RGSE) by 78.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 106,551 shares of the energy company’s stock after buying an additional 46,710 shares during the period. KCG Holdings Inc. owned 1.42% of Real Goods Solar worth $147,000 as of its most recent SEC filing. 5.77% of the stock is owned by hedge funds and other institutional investors.
About Real Goods Solar
Real Goods Solar, Inc is a residential and commercial solar energy engineering, procurement, and construction company. The Company offers turnkey services, including design, procurement, permitting, build-out, grid connection, financing referrals and warranty and customer satisfaction activities. Its solar energy systems use solar photovoltaic (PV) modules.
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