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

eEnergy Group Plc (LON:EAAS)’s share price reached a new 52-week low on Tuesday . The company traded as low as GBX 1.30 and last traded at GBX 1.43, with a volume of 659094 shares traded. The stock had previously closed at GBX 1.40.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group dropped their target price on eEnergy Group from GBX 12 to GBX 9 and set a “buy” rating on the stock in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, eEnergy Group has an average rating of “Buy” and an average target price of GBX 9.

eEnergy Group Price Performance

The company has a 50-day simple moving average of GBX 2.26 and a 200-day simple moving average of GBX 3.82. The stock has a market cap of £5.29 million, a PE ratio of -1.73 and a beta of 1.11. The company has a debt-to-equity ratio of 7,144.44, a current ratio of 0.88 and a quick ratio of 0.99.

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

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.