Pineapple Energy Inc (NASDAQ:PEGY) Stock Ripped -98.76% Year-To-Date, What Will Happen Next?

In last trading session, Pineapple Energy Inc (NASDAQ:PEGY) saw 3.27 million shares changing hands with its beta currently measuring 2.93. Company’s recent per share price level of $5.51 trading at $0.44 or 8.68% at ring of the bell on the day assigns it a market valuation of $1.71M. That closing price of PEGY’s stock is at a discount of -13237.93% from its 52-week high price of $734.92 and is indicating a premium of 11.07% from its 52-week low price of $4.90. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.77 million shares which gives us an average trading volume of 212.91K if we extend that period to 3-months.

Pineapple Energy Inc (NASDAQ:PEGY) trade information

Upright in the green during last session for gaining 8.68%, in the last five days PEGY remained trading in the red while hitting it’s week-highest on Thursday, 10/17/24 when the stock touched $5.51 price level, adding 24.0% to its value on the day. Pineapple Energy Inc’s shares saw a change of -98.76% in year-to-date performance and have moved -4.17% in past 5-day. Pineapple Energy Inc (NASDAQ:PEGY) showed a performance of -25.29% in past 30-days. Number of shares sold short was 5388.0 shares which calculate 0.02 days to cover the short interests.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Wall Street analysts have assigned a consensus price target of 0.1 to the stock, which implies a fall of -5410.0% to its current value. Analysts have been projecting 0.1 as a low price target for the stock while placing it at a high target of 0.1. It follows that stock’s current price would jump 98.19% in reaching the projected high whereas dropping to the targeted low would mean a gain of 98.19% for stock’s current value.

Pineapple Energy Inc (PEGY) estimates and forecasts

This year revenue growth is estimated to rise 10.10% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 24.7M for the same. And 1 analysts are in estimates of company making revenue of 23.2M in the next quarter. Company posted 20.6M and 19.44M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 22.94% during past 5 years.