Pineapple Energy Inc (NASDAQ: PEGY) closed the day trading at $0.06 down -8.62% from the previous closing price of $0.07. In other words, the price has decreased by -$0.0060 from its previous closing price. On the day, 3934116 shares were traded. PEGY stock price reached its highest trading level at $0.0740 during the session, while it also had its lowest trading level at $0.0634.
Ratios:
For a better understanding of PEGY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.80.
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 3.63M and an Enterprise Value of 19.99M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at 0.26 whereas that against EBITDA is 13.68.
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 $0.05. The 50-Day Moving Average of the stock is 0.2152, while the 200-Day Moving Average is calculated to be 0.7709.
Shares Statistics:
Over the past 3-months, PEGY traded about 5.40M shares per day on average, while over the past 10 days, PEGY traded about 3.34M shares per day. A total of 57.09M shares are outstanding, with a floating share count of 53.24M. Insiders hold about 6.75% of the company’s shares, while institutions hold 1.19% stake in the company. Shares short for PEGY as of Feb 29, 2024 were 319.5k with a Short Ratio of 0.06, compared to 69.01k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.56% and a Short% of Float of 0.57%.
Earnings Estimates
Current recommendations for the stock of the company come from 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.41. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.55 and -$0.55 for the fiscal current year, implying an average EPS of -$0.55. EPS for the following year is -$0.17, with 1 analysts recommending between -$0.17 and -$0.17.
Revenue Estimates
1 analysts predict $20.4M in revenue for the current quarter. It ranges from a high estimate of $20.4M to a low estimate of $20.4M. As of the current estimate, Pineapple Energy Inc’s year-ago sales were $17.18M, an estimated increase of 18.70% from the year-ago figure.
A total of 1 analysts have provided revenue estimates for PEGY’s current fiscal year. The highest revenue estimate was $80.6M, while the lowest revenue estimate was $80.6M, resulting in an average revenue estimate of $80.6M. In the same quarter a year ago, actual revenue was $27.52M, up 192.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $97M in the next fiscal year. The high estimate is $97M and the low estimate is $97M. The average revenue growth estimate for next year is up 20.30% from the average revenue estimate for this year.
