eEnergy Group (LON:EAAS) Trading Down 6.6% – Here’s What Happened

eEnergy Group Plc (LON:EAAS) was down 6.6% during trading on Monday . The company traded as low as GBX 4.80 and last traded at GBX 4.95. Approximately 868,126 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 1,184,506 shares. The stock had previously closed at GBX 5.30.

Wall Street Analysts Forecast Growth

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

eEnergy Group Stock Performance

The company has a market cap of £19.17 million, a P/E ratio of -5.63 and a beta of 1.18. The firm has a 50 day moving average price of GBX 5.20 and a 200-day moving average price of GBX 5.06. The company has a debt-to-equity ratio of 489.38, a quick ratio of 0.99 and a current ratio of 0.74.

eEnergy Group (LON:EAAS) last released its quarterly earnings results on Thursday, April 30th. The company reported GBX (0.88) earnings per share (EPS) for the quarter. The company had revenue of GBX 1,900 million for the quarter. eEnergy Group had a negative return on equity of 149.97% and a negative net margin of 17.86%. On average, research analysts predict that eEnergy Group Plc will post 0.4001368 EPS for the current year.

About eEnergy Group