In the past week, PEGY stock has gone up by 7.81%, with a monthly decline of -31.95% and a quarterly plunge of -92.60%. The volatility ratio for the week is 12.69%, and the volatility levels for the last 30 days are 18.11% for Pineapple Energy Inc The simple moving average for the past 20 days is -17.27% for PEGY’s stock, with a -93.68% simple moving average for the past 200 days.
Is It Worth Investing in Pineapple Energy Inc (NASDAQ: PEGY) Right Now?
Additionally, the 36-month beta value for PEGY is 2.87. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for PEGY is 1.29M and currently, short sellers hold a 12.03% ratio of that float. The average trading volume of PEGY on November 15, 2024 was 921.85K shares.
PEGY) stock’s latest price update
Pineapple Energy Inc (NASDAQ: PEGY)’s stock price has gone rise by 9.52 in comparison to its previous close of 3.15, however, the company has experienced a 7.81% increase in its stock price over the last five trading days. globenewswire.com reported 2024-11-12 that RONKONKOMA, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) — Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced that it has regained compliance with the Nasdaq Capital Market’s continued listing standard for the minimum share price requirement under Nasdaq Listing Rule 5550(a)(2).
PEGY Trading at -47.53% 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 -99.36% of loss for the given period.
Volatility was left at 18.11%, however, over the last 30 days, the volatility rate increased by 12.69%, as shares sank -37.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -91.90% lower at present.
During the last 5 trading sessions, PEGY rose by +7.81%, which changed the moving average for the period of 200-days by -99.02% in comparison to the 20-day moving average, which settled at $4.17. In addition, Pineapple Energy Inc saw -99.22% 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 Conroy Jeffrey J., who purchase 350,704 shares at the price of $0.12 back on Oct 10 ’24. After this action, Conroy Jeffrey J. now owns 2,210,704 shares of Pineapple Energy Inc, valued at $40,331 using the latest closing price.
Conroy Jeffrey J., the 10% Owner of Pineapple Energy Inc, sale 16,014 shares at $0.11 during a trade that took place back on Oct 10 ’24, which means that Conroy Jeffrey J. is holding 2,194,690 shares at $1,810 based on the most recent closing price.
Stock Fundamentals for PEGY
Current profitability levels for the company are sitting at:
- -0.19 for the present operating margin
- 0.36 for the gross margin
The net margin for Pineapple Energy Inc stands at -0.21. The total capital return value is set at -0.38. 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 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at -0.38. The debt to equity ratio resting at 0.85. The interest coverage ratio of the stock is -6.77.
Currently, EBITDA for the company is -1.68 million with net debt to EBITDA at -0.78. When we switch over and look at the enterprise to sales, we see a ratio of 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.
Conclusion
In conclusion, Pineapple Energy Inc (PEGY) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
