Real Goods Solar, Inc. (NASDAQ:RGSE) Announces Quarterly Earnings Results
Real Goods Solar, Inc. (NASDAQ:RGSE) posted its quarterly 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 184.38% and a negative return on equity of 315.54%. The company had revenue of $3 million during the quarter.
Real Goods Solar (RGSE) traded down 5.6972% during midday trading on Friday, hitting $0.7101. 122,139 shares of the stock traded hands. Real Goods Solar has a 52 week low of $0.18 and a 52 week high of $8.28. The stock’s 50-day moving average price is $0.91 and its 200-day moving average price is $1.31. The stock’s market capitalization is $5.31 million.
A hedge fund recently raised its stake in Real Goods Solar stock. KCG Holdings Inc. raised its position in shares of Real Goods Solar, Inc. (NASDAQ:RGSE) by 78.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 filing with the SEC. 5.77% of the stock is currently 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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