Brenmiller Energy (NASDAQ:BNRG) Upgraded at Wall Street Zen

Brenmiller Energy (NASDAQ:BNRG) was upgraded by analysts at Wall Street Zen to a “sell” rating in a report issued on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Brenmiller Energy in a report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Brenmiller Energy Trading Down 14.7%

NASDAQ BNRG opened at $1.22 on Friday. The company has a market cap of $658,800.00, a price-to-earnings ratio of 0.00 and a beta of -0.75. Brenmiller Energy has a 52 week low of $1.08 and a 52 week high of $115.68. The business has a 50 day moving average price of $2.34 and a 200-day moving average price of $11.72. The company has a quick ratio of 1.03, a current ratio of 1.33 and a debt-to-equity ratio of 0.97.

Brenmiller Energy (NASDAQ:BNRG) last posted its earnings results on Wednesday, March 25th. The company reported ($76.52) earnings per share for the quarter.

Institutional Trading of Brenmiller Energy

An institutional investor recently bought a new position in Brenmiller Energy stock. Citadel Advisors LLC bought a new stake in shares of Brenmiller Energy Ltd. (NASDAQ:BNRG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 21,411 shares of the company’s stock, valued at approximately $34,000. Citadel Advisors LLC owned 0.55% of Brenmiller Energy as of its most recent filing with the Securities and Exchange Commission (SEC). 13.23% of the stock is currently owned by institutional investors.

Brenmiller Energy Company Profile

Brenmiller Energy is a Tel Aviv–based technology company specializing in industrial-scale thermal energy storage solutions. The firm’s core business centers on its proprietary Adiabatic Compressed Air Energy Storage (A-CAES) process, which captures excess or off-peak electricity to drive compressors and store heat in insulated thermal tanks. By re-introducing the stored heat into the compressed air stream at a later time, the system generates clean, dispatchable energy without relying on fossil fuels.

The company’s flagship product, StorageCube, integrates its A-CAES technology with advanced control software to deliver reliable power and high-temperature heat for a variety of applications.