eEnergy Group (LON:EAAS) Reaches New 12-Month Low – Here’s Why

Shares of eEnergy Group Plc (LON:EAAS) reached a new 52-week low on Tuesday . The stock traded as low as GBX 1.60 and last traded at GBX 1.66, with a volume of 4476829 shares. The stock had previously closed at GBX 1.68.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lowered their price objective on eEnergy Group from GBX 12 to GBX 9 and set a “buy” rating on the stock in a research note on Tuesday, August 18th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 9.

eEnergy Group Price Performance

The firm has a market cap of £6.43 million, a P/E ratio of -2.10 and a beta of 1.11. The business’s fifty day simple moving average is GBX 2.53 and its 200-day simple moving average is GBX 4.16. The company has a current ratio of 0.88, a quick ratio of 0.99 and a debt-to-equity ratio of 7,144.44.

eEnergy Group (LON:EAAS) last announced its quarterly earnings results on Monday, August 3rd. The company reported GBX (0.30) earnings per share for the quarter. eEnergy Group had a negative net margin of 9.82% and a negative return on equity of 1,238.11%. As a group, analysts forecast that eEnergy Group Plc will post 0.4001368 EPS for the current fiscal year.

eEnergy Group Company Profile

eEnergy (AIM: EAAS) is a UK-based Energy-as-a-Service (EaaS) provider, funding and delivering energy-saving and energy-generating solutions across multi-site public sector and commercial portfolios-helping customers cut energy waste, reduce operating costs, and improve building resilience with zero upfront cost.

eEnergy delivers four core solutions:
· Reduce: LED lighting and controls
· Generate: Solar PV (rooftop, ground mount, and carport)
· Store: Battery storage (store onsite generation and reduce peak-time import costs)
· Charge: EV charging infrastructure and management

Projects are funded through dedicated third party debt facilities, including up to £100m of project funding via eEnergy’s partnership with Redaptive.

eEnergy’s routes to market include direct sales, public sector frameworks, tenders, and strategic partnerships.