Pineapple Energy (NASDAQ:PEGY) Stock Price Down 7.3% – What’s Next?

Pineapple Energy Inc. (NASDAQ:PEGYGet Free Report)’s share price fell 7.3% on Thursday . The company traded as low as $1.63 and last traded at $1.65. 186,534 shares were traded during trading, a decline of 68% from the average session volume of 577,262 shares. The stock had previously closed at $1.78.

Pineapple Energy Trading Down 7.3%

The business has a 50-day moving average of $1.51 and a 200 day moving average of $1.63. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.47 and a quick ratio of 0.36.

About Pineapple Energy

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Pineapple Energy Inc engages in the sale, design, and installation of photovoltaic solar energy systems and battery storage systems in the United States. Its brand portfolio includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. The company develops and manufactures energy management software and hardware, such as energy management control devices on solar systems that are paired with batteries.

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