Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Pineapple Energy Inc (NASDAQ: PEGY) closed the day trading at $0.05 up 6.25% from the previous closing price of $0.05. In other words, the price has increased by $6.25 from its previous closing price. On the day, 9.23 million shares were traded. PEGY stock price reached its highest trading level at $0.0569 during the session, while it also had its lowest trading level at $0.048.
Ratios:
For a better understanding of PEGY, let’s look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 3267932 and an Enterprise Value of 19493056. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at 0.245 whereas that against EBITDA is -9.61.
Stock Price History:
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 -26.88%, while the 200-Day Moving Average is calculated to be -92.18%.
Shares Statistics:
Over the past 3-months, PEGY traded about 6.39M shares per day on average, while over the past 10 days, PEGY traded about 4210610 shares per day. A total of 64.08M shares are outstanding, with a floating share count of 60.66M. Insiders hold about 5.33% of the company’s shares, while institutions hold 1.06% stake in the company. Shares short for PEGY as of 1711584000 were 447380 with a Short Ratio of 0.07, compared to 1709164800 on 319498. Therefore, it implies a Short% of Shares Outstanding of 447380 and a Short% of Float of 0.70999996.
Earnings Estimates
Investors are keenly observing as Public Service Enterprise Group analysts analyze and rate the current performance of Pineapple Energy Inc (PEGY) in the stock market.The consensus estimate for the next quarter is $9.45, with high estimates of $57.61 and low estimates of $6.77.
