Pineapple Energy Inc (PEGY) Down -96.82% From Its 52-Week High, But Growth Potential Is Changing Over Time

Pineapple Energy Inc (NASDAQ:PEGY) currently has a daily average trading volume of 18.84M but it saw 23189267 shares traded in last market. With a market cap of 3.52M USD, the company’s current market price of $0.05 came falling about -11.15 while comparing to the previous closing price of $0.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.73 and as low as $0.04.

Taking a look at 20-day trading activity of Pineapple Energy Inc (PEGY) gives us an average price of $0.0562, while its current price level is -96.82% below from 52-week high level whereas it is 34.15% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.0628 while that of 200 days or SMA-200 reads an average of $0.5953. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.37% during that period while stretching the period over a month that decreases to 17.50%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.56 which implies that the stock is in neutral territory.

Over the week, PEGY’s stock price is moving 7.21% up while it is -9.84% when we observe its performance for the past one month. Year-to-date it is -90.71% down and over the past year, the stock is showing a downside performance of -96.01%.

Currently, Pineapple Energy Inc’s total number of outstanding shares is 64.08M. Company’s return on investment (ROI) stands at -23.40% and return on equity (ROE) at -29.12%. Stock’s beta reads 2.48. Stock has a price to book (P/B) ratio of 0.03 while price to sale or P/S ratio amounts to 0.04. Its return on asset (ROA) is -10.34% on average.