Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Pineapple Energy Inc (NASDAQ: PEGY) closed at $0.05 down -2.42% from its previous closing price of $0.05. In other words, the price has decreased by -$2.42 from its previous closing price. On the day, 14.95 million shares were traded. PEGY stock price reached its highest trading level at $0.0548 during the session, while it also had its lowest trading level at $0.052.
Ratios:
For a deeper understanding of Pineapple Energy Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.71. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.70.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 20 ’23 when NORTHERN PACIFIC GROWTH INVEST sold 2,488 shares for $0.61 per share. The transaction valued at 1,518 led to the insider holds 1,125,418 shares of the business.
NORTHERN PACIFIC GROWTH INVEST sold 4,600 shares of PEGY for $2,839 on Nov 17 ’23. The 10% Owner now owns 1,127,906 shares after completing the transaction at $0.62 per share. On Nov 16 ’23, another insider, NORTHERN PACIFIC GROWTH INVEST, who serves as the 10% Owner of the company, sold 4,630 shares for $0.62 each. As a result, the insider received 2,859 and left with 1,132,506 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PEGY now has a Market Capitalization of 4723897 and an Enterprise Value of 19582764. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at 0.246 whereas that against EBITDA is -9.654.
Stock Price History:
The Beta on a monthly basis for PEGY is 2.57, which has changed by -0.96478873 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, PEGY has reached a high of $1.73, while it has fallen to a 52-week low of $0.04. The 50-Day Moving Average of the stock is -15.79%, while the 200-Day Moving Average is calculated to be -91.10%.
Shares Statistics:
For the past three months, PEGY has traded an average of 19.84M shares per day and 82761680 over the past ten days. A total of 90.15M shares are outstanding, with a floating share count of 85.83M. Insiders hold about 4.80% of the company’s shares, while institutions hold 0.76% stake in the company. Shares short for PEGY as of 1713139200 were 652035 with a Short Ratio of 0.03, compared to 1710460800 on 344811. Therefore, it implies a Short% of Shares Outstanding of 652035 and a Short% of Float of 1.04.
Earnings Estimates
The performance of Pineapple Energy Inc (PEGY) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.On average, analysts expect EPS of -$0.2 for the current quarter, with a high estimate of -$0.2 and a low estimate of -$0.2, while EPS last year was -$0.26. The consensus estimate for the next quarter is -$0.18, with high estimates of -$0.18 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.76 and -$0.76 for the fiscal current year, implying an average EPS of -$0.76.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $18.9M this quarter.It ranges from a high estimate of $18.9M to a low estimate of $18.9M. As of the current estimate, Pineapple Energy Inc’s year-ago sales were $16MFor the next quarter, 1 analysts are estimating revenue of $20.9M. There is a high estimate of $20.9M for the next quarter, whereas the lowest estimate is $20.9M.
A total of 1 analysts have provided revenue estimates for PEGY’s current fiscal year. The highest revenue estimate was $87.7M, while the lowest revenue estimate was $87.7M, resulting in an average revenue estimate of $87.7M. In the same quarter a year ago, actual revenue was $79.63M
