It’s Not A Fantasy To Think That Pineapple Energy Inc (PEGY) Has Big Future Potential

Pineapple Energy Inc (NASDAQ:PEGY) currently has a daily average trading volume of 2.69M but it saw 846187 shares traded in last market. With a market cap of 7.42M USD, the company’s current market price of $0.85 came rising about 16.81 while comparing to the previous closing price of $0.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.20 and as low as $0.62. In the recent trading on the day, stock has struck highest price mark of $0.6893 while lowest mark touched by it was $0.8869.

Taking a look at 20-day trading activity of Pineapple Energy Inc (PEGY) gives us an average price of $0.8815, while its current price level is -94.74% below from 52-week high level whereas it is 38.44% 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 $1.2614 while that of 200 days or SMA-200 reads an average of $3.2601. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.48% during that period while stretching the period over a month that decreases to 8.92%. 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 41.32 which implies that the stock is in neutral territory.

Over the week, PEGY’s stock price is moving 5.07% up while it is -18.91% when we observe its performance for the past one month. Year-to-date it is -90.41% down and over the past year, the stock is showing a downside performance of -94.70%.

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 2.98. Stock has a price to sale or P/S ratio amounts to 0.12. Its return on asset (ROA) is -16.43% on average.