Zeo Energy Corp. (NASDAQ:ZEO – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $0.27 and traded as high as $0.2744. Zeo Energy shares last traded at $0.2708, with a volume of 699,565 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Zeo Energy in a report on Wednesday, September 9th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.
Zeo Energy Trading Up 6.3%
The firm has a fifty day simple moving average of $0.27 and a two-hundred day simple moving average of $0.64. The stock has a market cap of $15.92 million, a PE ratio of -0.82 and a beta of 0.59. The company has a current ratio of 1.56, a quick ratio of 1.50 and a debt-to-equity ratio of 0.08.
Zeo Energy (NASDAQ:ZEO – Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported ($0.07) EPS for the quarter. The business had revenue of $16.17 million for the quarter. Zeo Energy had a negative return on equity of 166.89% and a negative net margin of 15.43%.
Institutional Investors Weigh In On Zeo Energy
An institutional investor recently bought a new stake in Zeo Energy stock. Citizens Financial Group Inc. RI purchased a new position in Zeo Energy Corp. (NASDAQ:ZEO – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 541,175 shares of the company’s stock, valued at approximately $181,000. Citizens Financial Group Inc. RI owned approximately 0.92% of Zeo Energy at the end of the most recent reporting period.
Zeo Energy Company Profile
Zeo Energy is a residential solar energy company that designs and installs solar power systems for homeowners. Its services include related equipment and installation support, with battery storage available to help customers store electricity for later use. The company also provides roofing and other services associated with residential solar projects. Zeo Energy’s business is focused primarily on customers in Florida and Puerto Rico. Zeo Energy became publicly traded in 2024 following a business combination with ESGEN Acquisition Corp. The company is headquartered in St. Petersburg, Florida.
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