UGE International Ltd. (CVE:UGE) Forecasted to Post FY2024 Earnings of ($0.81) Per Share

UGE International Ltd. (CVE:UGE) – Analysts at Cormark upped their FY2024 earnings per share estimates for UGE International in a note issued to investors on Wednesday, May 1st. Cormark analyst N. Boychuk now forecasts that the company will post earnings per share of ($0.81) for the year, up from their previous forecast of ($0.87). Cormark currently has a “Market Perform” rating and a $1.00 price target on the stock. The consensus estimate for UGE International’s current full-year earnings is ($0.35) per share. Cormark also issued estimates for UGE International’s FY2025 earnings at ($0.74) EPS.

UGE International Stock Up 5.7 %

Shares of UGE International stock opened at C$0.56 on Friday. The firm has a fifty day moving average of C$0.78 and a two-hundred day moving average of C$1.00. UGE International has a one year low of C$0.50 and a one year high of C$2.03. The company has a market cap of C$18.63 million, a P/E ratio of -1.02 and a beta of 0.71. The company has a debt-to-equity ratio of 1,211.57, a quick ratio of 0.73 and a current ratio of 1.14.

UGE International Company Profile

UGE International Ltd. develops, builds, finances, owns, and operates commercial and community solar facilities in Canada, the United States, and the Philippines. It also provides energy storage services; and engineering and consulting services. The company was founded in 2008 and is headquartered in Toronto, Canada.