Pineapple Energy Inc (PEGY) Is Another Fantastic Bargain Stock

Pineapple Energy Inc (NASDAQ:PEGY) has a beta value of 3.01 and has seen 0.15 million shares traded in the last trading session. The company, currently valued at $6.82M, closed the last trade at $0.78 per share which meant it lost -$0.02 on the day or -2.38% during that session. The PEGY stock price is -1982.05% off its 52-week high price of $16.24 and 20.51% above the 52-week low of $0.62. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.41 million shares traded. The 3-month trading volume is 2.83 million shares.

Pineapple Energy Inc (NASDAQ:PEGY) trade information

Sporting -2.38% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PEGY stock price touched $0.78 or saw a rise of 8.2%. Year-to-date, Pineapple Energy Inc shares have moved -91.19%, while the 5-day performance has seen it change 1.05%. Over the past 30 days, the shares of Pineapple Energy Inc (NASDAQ:PEGY) have changed -29.55%. Short interest in the company has seen 0.21 million shares shorted with days to cover at 0.28.

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Wall Street analysts have a consensus price target for the stock at $0.1, which means that the shares’ value could drop -680.0% from current levels. The projected low price target is $0.1 while the price target rests at a high of $0.1. In that case, then, we find that the current price level is 87.18% off the targeted high while a plunge would see the stock lose 87.18% from current levels.

Pineapple Energy Inc (PEGY) estimates and forecasts

Figures show that Pineapple Energy Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -29.55% over the past 6 months, with this year growth rate of -10.15%, compared to -0.10% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 22.94% over the past 5 years.

PEGY Dividends

Pineapple Energy Inc is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Pineapple Energy Inc (NASDAQ:PEGY)’s Major holders

Insiders own 2.04% of the company shares, while shares held by institutions stand at 1.78% with a share float percentage of 1.82%. Investors are also buoyed by the number of investors in a company, with Pineapple Energy Inc having a total of 12.0 institutions that hold shares in the company.