Real Goods Solar, Inc. (RGSE) Trading Up 13.8%
Shares of Real Goods Solar, Inc. (NASDAQ:RGSE) were up 13.8% on Monday . The company traded as high as $1.85 and last traded at $1.81. Approximately 3,715,248 shares traded hands during trading, an increase of 218% from the average daily volume of 1,169,610 shares. The stock had previously closed at $1.59.
The company’s market cap is $12.72 million. The firm has a 50 day moving average price of $0.97 and a 200-day moving average price of $1.01.
Real Goods Solar (NASDAQ:RGSE) last announced its earnings results on Wednesday, August 9th. The energy company reported ($0.53) earnings per share (EPS) for the quarter. Real Goods Solar had a negative net margin of 184.38% and a negative return on equity of 233.16%. The business had revenue of $3.00 million during the quarter. Equities analysts expect that Real Goods Solar, Inc. will post ($0.78) EPS for the current year.
An institutional investor recently raised its position in Real Goods Solar stock. Vanguard Group Inc. raised its holdings in Real Goods Solar, Inc. (NASDAQ:RGSE) by 34.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 123,315 shares of the energy company’s stock after purchasing an additional 31,344 shares during the period. Vanguard Group Inc. owned about 1.65% of Real Goods Solar worth $120,000 as of its most recent SEC filing. Institutional investors own 3.27% of the company’s stock.
Real Goods Solar Company Profile
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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