A Look At Pineapple Energy Inc (NASDAQ: PEGY): How Much Is It Worth And How Should It Be Assessed?

Pineapple Energy Inc (NASDAQ:PEGY)’s traded shares stood at 87.88 million during the latest session, with the company’s beta value hitting 3.11. At the last check today, the stock’s price was $0.20, to imply an increase of 12.28% or $0.03 in intraday trading. The PEGY share’s 52-week high remains $16.19, putting it -7995.0% down since that peak but still an impressive 15.0% since price per share fell to its 52-week low of $0.17. The company has a valuation of $1.71M, with an average of 3.79 million shares in intraday trading volume over the past 10 days and average of 3.11 million shares over the past 3 months.

Pineapple Energy Inc (NASDAQ:PEGY) trade information

After registering a 12.28% upside in the latest session, Pineapple Energy Inc (PEGY) has traded red over the past five days. The 5-day price performance for the stock is -77.03%, and -81.19% over 30 days. With these gigs, the year-to-date price performance is -97.80%. Short interest in Pineapple Energy Inc (NASDAQ:PEGY) saw shorts transact 0.21 million shares and set a 0.28 days time to cover.

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The extremes give us $0.1 and $0.1 for target low and target high price respectively. As such, PEGY has been trading 50.0% off suggested target high and 50.0% from its likely low.

Pineapple Energy Inc (PEGY) estimates and forecasts

Looking at statistics comparing Pineapple Energy Inc share performance against respective industry, we note that the company has underperformed competitors. Pineapple Energy Inc (PEGY) shares are -77.52% down over the last 6 months, with its year-to-date growth rate lower than industry average at -10.15% against -1.20%. The rating firms project that company’s revenue will grow 10.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 24.7M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 23.2M.Earnings reports from the last fiscal year show that sales brought in 20.6M and 19.44M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 19.90% before jumping 19.30% in the following quarter.

PEGY Dividends

Pineapple Energy Inc has its next earnings report out on 2024-Nov-07. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Pineapple Energy Inc insiders hold 2.04% of total outstanding shares, with institutional holders owning 1.78% of the shares at 1.82% float percentage. In total, 1.78% institutions holds shares in the company, led by WELLS FARGO & COMPANY/MN.