Real Goods Solar (RGSE) Earning Somewhat Positive Press Coverage, Study Finds

News coverage about Real Goods Solar (NASDAQ:RGSE) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Real Goods Solar earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the energy company an impact score of 45.6819332860221 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Separately, ValuEngine raised shares of Real Goods Solar from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd.

NASDAQ RGSE traded down $0.01 on Thursday, hitting $1.11. The stock had a trading volume of 1,205 shares, compared to its average volume of 695,777. Real Goods Solar has a 52-week low of $0.60 and a 52-week high of $3.25.

Real Goods Solar (NASDAQ:RGSE) last released its quarterly earnings results on Friday, May 11th. The energy company reported ($0.42) earnings per share (EPS) for the quarter. Real Goods Solar had a negative return on equity of 222.80% and a negative net margin of 125.52%. The firm had revenue of $2.82 million during the quarter.

In related news, CEO Dennis J. Lacey acquired 25,000 shares of the stock in a transaction dated Wednesday, May 16th. The stock was acquired at an average cost of $1.24 per share, for a total transaction of $31,000.00. Following the completion of the purchase, the chief executive officer now owns 50,000 shares of the company’s stock, valued at approximately $62,000. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders have bought 47,200 shares of company stock valued at $54,268 over the last quarter. Insiders own 0.26% of the company’s stock.

About Real Goods Solar

Real Goods Solar, Inc operates as a residential and small business commercial solar energy engineering, procurement, and construction company in the United States. The company's Residential segment installs solar energy systems for homeowners, including lease financing, as well as small business commercial services in the continental U.S.

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