In the last trading session, 0.13 million shares of the Tigo Energy Inc (NASDAQ:TYGO) were traded, and its beta was 0.77. Most recently the company’s share price was $0.97, and it changed around $0.13 or 15.36% from the last close, which brings the market valuation of the company to $58.86M. TYGO currently trades at a discount to its 52-week high of $2.12, offering almost -118.56% off that amount. The share price’s 52-week low was $0.76, which indicates that the current value has risen by an impressive 21.65% since then. We note from Tigo Energy Inc’s average daily trading volume that its 10-day average is 0.61 million shares, with the 3-month average coming to 118.17K.
Tigo Energy Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended TYGO as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Tigo Energy Inc is expected to report earnings per share of -0.16 for the current quarter.
Tigo Energy Inc (NASDAQ:TYGO) trade information
Instantly TYGO has showed a green trend with a performance of 15.36% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.9852 on recent trading dayincreased the stock’s daily price by 1.54%. The company’s shares are currently down -1.61% year-to-date, but still up 3.19% over the last five days. On the other hand, Tigo Energy Inc (NASDAQ:TYGO) is 8.86% up in the 30-day period. We can see from the shorts that 60957.0 shares have been sold at a short interest cover period of 1.64 day(s).
Tigo Energy Inc (TYGO) estimates and forecasts
Tigo Energy Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -37.48 percent over the past six months and at a -457.14% annual growth rate that is well below the industry average of -14.60%. The year-over-year growth rate is expected to be -64.02%, down from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 15.62M in revenue for the current quarter. 3 analysts expect Tigo Energy Inc to make 16.83M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 9.24M and 9.8M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 68.94%. Forecasts for the next quarter put sales growth at 71.73%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -507.50%.
TYGO Dividends
Tigo Energy Inc’s next quarterly earnings report is expected to be released in February.
Tigo Energy Inc (NASDAQ:TYGO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 51.80% of Tigo Energy Inc shares, and 15.19% of them are in the hands of institutional investors. The stock currently has a share float of 31.51%.
Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 176.33 shares worth $0.17 million, making up 0.29% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 119.01 shares worth around $0.12 million, which represents about 0.20% of the total shares outstanding.
