eEnergy Group (LON:EAAS) Stock Price Down 6% – Here’s Why

Shares of eEnergy Group Plc (LON:EAAS) dropped 6% during trading on Friday . The company traded as low as GBX 4.47 ($0.06) and last traded at GBX 4.47 ($0.06). Approximately 526,055 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 1,102,429 shares. The stock had previously closed at GBX 4.75 ($0.06).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 12 ($0.15) price target on shares of eEnergy Group in a report on Thursday, January 30th.

eEnergy Group Trading Down 6.0 %

The company has a debt-to-equity ratio of 35.22, a quick ratio of 0.99 and a current ratio of 1.60. The company has a market capitalization of £17.29 million, a P/E ratio of -3.99 and a beta of 1.40. The company’s fifty day simple moving average is GBX 4.38 and its 200-day simple moving average is GBX 4.83.

About eEnergy Group