Pineapple Energy Inc (NASDAQ: PEGY) Now -95.06% Off Its High ($16.57), Does Analysts See Headwinds And Risks?

Pineapple Energy Inc (NASDAQ:PEGY) currently has a daily average trading volume of 4.36M but it saw 792740 shares traded in last market. With a market cap of 7.13M USD, the company’s current market price of $0.82 came rising about 2.70 while comparing to the previous closing price of $0.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.57 and as low as $0.62. In the recent trading on the day, stock has struck highest price mark of $0.79 while lowest mark touched by it was $0.85.

Taking a look at 20-day trading activity of Pineapple Energy Inc (PEGY) gives us an average price of $1.0516, while its current price level is -95.06% below from 52-week high level whereas it is 33.01% 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 $1.3497 while that of 200 days or SMA-200 reads an average of $3.7136. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.18% during that period while stretching the period over a month that increases to 9.57%. 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 32.53 which implies that the stock is in neutral territory.

Over the week, PEGY’s stock price is moving -18.20% down while it is -41.99% when we observe its performance for the past one month. Year-to-date it is -90.79% down and over the past year, the stock is showing a downside performance of -94.90%.

Currently, Pineapple Energy Inc’s total number of outstanding shares is 8.72M. Company’s return on investment (ROI) stands at -109.94% and return on equity (ROE) at -66.08%. Stock’s beta reads 3.00. Stock has a price to sale or P/S ratio amounts to 0.11. Its return on asset (ROA) is -16.43% on average.