eEnergy Group (LON:EAAS) Releases Earnings Results

eEnergy Group (LON:EAAS) issued its quarterly earnings data on Monday. The company reported GBX (0.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. eEnergy Group had a negative return on equity of 149.97% and a negative net margin of 17.86%.

eEnergy Group Stock Performance

EAAS traded down GBX 0.22 during trading on Monday, hitting GBX 3. 1,197,609 shares of the stock were exchanged, compared to its average volume of 1,491,874. The company has a quick ratio of 0.99, a current ratio of 0.74 and a debt-to-equity ratio of 489.38. eEnergy Group has a 1-year low of GBX 2.33 and a 1-year high of GBX 6.70. The stock has a fifty day moving average price of GBX 3.72 and a two-hundred day moving average price of GBX 4.73. The firm has a market capitalization of £11.62 million, a P/E ratio of -3.41 and a beta of 1.13.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 12 price objective on shares of eEnergy Group in a research note on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 12.

About eEnergy Group

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.