SUNation Energy Inc (NASDAQ: SUNE): Are We Watching A Disaster Or Are We Buying A Gold Mine?

In the last trading session, 152.77 million shares of the SUNation Energy Inc (NASDAQ:SUNE) were traded, and its beta was 3.60. Most recently the company’s share price was $0.02, and it changed around $0.0 or 6.13% from the last close, which brings the market valuation of the company to $0.37M. SUNE currently trades at a discount to its 52-week high of $313.50, offering almost -1567400.0% off that amount. The share price’s 52-week low was $0.01, which indicates that the current value has risen by an impressive 50.0% since then. We note from SUNation Energy Inc’s average daily trading volume that its 10-day average is 255.0 million shares, with the 3-month average coming to 62.13 million.

SUNation Energy Inc (NASDAQ:SUNE) trade information

Instantly SUNE has showed a green trend with a performance of 6.13% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.5430 on recent trading dayincreased the stock’s daily price by 96.32%. The company’s shares are currently down -99.14% year-to-date, but still down -89.58% over the last five days. On the other hand, SUNation Energy Inc (NASDAQ:SUNE) is -92.97% down in the 30-day period. We can see from the shorts that 4.04 million shares have been sold at a short interest cover period of 0.06 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 22.94%.

SUNE Dividends

SUNation Energy Inc’s next quarterly earnings report is expected to be released in May.

SUNation Energy Inc (NASDAQ:SUNE)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 2.39% of SUNation Energy Inc shares, and 5.56% of them are in the hands of institutional investors. The stock currently has a share float of 5.70%.

Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund were the top two Mutual Funds as of Feb 28, 2025 . The former held 8.84 shares worth $198.0, making up 0.05% of all outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund held roughly 1.93 shares worth around $43.0, which represents about 0.01% of the total shares outstanding.