Pineapple Power (LON:PNPL) Stock Price Down 16.9% – Should You Sell?

Pineapple Power Co. plc (LON:PNPL – Get Free Report) traded down 16.9% on Monday. The company traded as low as GBX 0.50 and last traded at GBX 0.50. Approximately 199,765 shares traded hands during trading, an increase of 2% from the average daily volume of 196,173 shares. The stock had previously closed at GBX 0.60.

Pineapple Power Trading Down 14.3%

The company has a market cap of £1.09 million, a price-to-earnings ratio of -1.97 and a beta of 1.15.

Pineapple Power (LON:PNPL – Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The company reported GBX (0.26) EPS for the quarter.

About Pineapple Power

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Pineapple Power Corporation is a UK PLC listed on the Standard Market of the London Stock Exchange as a special purpose acquisition company. The company seeks to acquire a renewable or clean energy company or companies internationally. Clean energy investment worldwide has grown in real and relative terms and it is this opportunity which Pineapple Power Corporation intends to participate in and augment as a fund-raising vehicle for enterprises seeking access to the international capital markets.

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