SUNation Energy (NASDAQ:SUNE) Stock Rating Upgraded by Wall Street Zen

SUNation Energy (NASDAQ:SUNE) was upgraded by stock analysts at Wall Street Zen to a “buy” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SUNation Energy in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

SUNation Energy Stock Performance

Shares of NASDAQ SUNE opened at $2.37 on Friday. The company has a 50 day simple moving average of $1.49 and a two-hundred day simple moving average of $1.38. The stock has a market cap of $8.08 million, a price-to-earnings ratio of -0.02 and a beta of 3.27. The company has a current ratio of 1.07, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. SUNation Energy has a 12 month low of $0.68 and a 12 month high of $108.60.

SUNation Energy (NASDAQ:SUNE) last released its quarterly earnings data on Wednesday, March 18th. The company reported $1.81 earnings per share for the quarter. SUNation Energy had a negative net margin of 15.15% and a negative return on equity of 52.50%. The firm had revenue of $27.21 million for the quarter.

SUNation Energy Company Profile

SUNation Energy Group, Inc is a Florida-based solar energy company specializing in the design, engineering, procurement, construction and maintenance of photovoltaic solar systems. Headquartered in Boca Raton, the company focuses on delivering turnkey solar solutions for residential and commercial customers. Its integrated service model spans site assessment, system design, installation, interconnection and ongoing performance monitoring.

The company’s product offering includes rooftop and ground-mounted solar arrays, energy storage systems and electric vehicle charging stations.