Moreover, the 36-month beta value for PEGY is 3.08. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for PEGY is 7.47M and currently, short sellers hold a 7.68% of that float. On September 13, 2024, PEGY’s average trading volume was 4.89M shares.
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PEGY) stock’s latest price update
The stock of Pineapple Energy Inc (NASDAQ: PEGY) has decreased by -6.61 when compared to last closing price of 0.18. Despite this, the company has experienced a -78.69% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-09 that Pineapple Energy Inc. is announcing that they have entered into Securities Exchange Agreements with the holders of the Company’ Series A preferred stock.
PEGY’s Market Performance
Pineapple Energy Inc (PEGY) has experienced a -78.69% fall in stock performance for the past week, with a -83.25% drop in the past month, and a -88.18% drop in the past quarter. The volatility ratio for the week is 32.75%, and the volatility levels for the past 30 days are at 14.12% for PEGY. The simple moving average for the last 20 days is -75.64% for PEGY stock, with a simple moving average of -94.33% for the last 200 days.
PEGY Trading at -85.27% from the 50-Day Moving Average
After a stumble in the market that brought PEGY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.92% of loss for the given period.
Volatility was left at 14.12%, however, over the last 30 days, the volatility rate increased by 32.75%, as shares sank -82.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -85.82% lower at present.
During the last 5 trading sessions, PEGY fell by -78.45%, which changed the moving average for the period of 200-days by -98.14% in comparison to the 20-day moving average, which settled at $0.6670. In addition, Pineapple Energy Inc saw -98.06% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PEGY starting from Ingvaldson Eric, who sale 2,663 shares at the price of $0.87 back on Aug 21 ’24. After this action, Ingvaldson Eric now owns 7,625 shares of Pineapple Energy Inc, valued at $2,321 using the latest closing price.
Holland Tom, the Director of Pineapple Energy Inc, purchase 3,000 shares at $1.30 during a trade that took place back on Jun 14 ’24, which means that Holland Tom is holding 5,012 shares at $3,915 based on the most recent closing price.
Stock Fundamentals for PEGY
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.31 for the gross margin
The net margin for Pineapple Energy Inc stands at -0.15. The total capital return value is set at -0.3. Equity return is now at value -66.08, with -16.43 for asset returns.
Based on Pineapple Energy Inc (PEGY), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at -0.16. The debt to equity ratio resting at 2.79. The interest coverage ratio of the stock is -2.81.
Currently, EBITDA for the company is -0.98 million with net debt to EBITDA at -3.88. When we switch over and look at the enterprise to sales, we see a ratio of 0.29. The receivables turnover for the company is 13.47for trailing twelve months and the total asset turnover is 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.
Conclusion
To wrap up, the performance of Pineapple Energy Inc (PEGY) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
