eEnergy Group Plc (LON:EAAS – Get Free Report)’s stock price was up 8.2% on Tuesday . The stock traded as high as GBX 2.87 and last traded at GBX 2.78. 2,563,621 shares changed hands during trading, an increase of 69% from the average session volume of 1,517,350 shares. The stock had previously closed at GBX 2.57.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 12 price target 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 MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 12.
eEnergy Group Stock Performance
eEnergy Group (LON:EAAS – Get Free Report) last released 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%. Analysts forecast that eEnergy Group Plc will post 0.4001368 earnings per share 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.
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