Pineapple Energy Inc (NASDAQ: PEGY) Now -99.24% Off Its High ($15.15), Does Analysts See Headwinds And Risks?

Pineapple Energy Inc (NASDAQ:PEGY) currently has a daily average trading volume of 6.57M but it saw 6140717 shares traded in last market. With a market cap of 1.00M USD, the company’s current market price of $0.11 came falling about -8.08 while comparing to the previous closing price of $0.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.15 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.1121 while lowest mark touched by it was $0.124.

Taking a look at 20-day trading activity of Pineapple Energy Inc (PEGY) gives us an average price of $0.2250, while its current price level is -99.24% below from 52-week high level whereas it is -7.34% 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 $0.6920 while that of 200 days or SMA-200 reads an average of $2.3857. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.38% during that period while stretching the period over a month that increases to 17.15%. 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 20.15 which implies that the stock is in oversold territory.

Over the week, PEGY’s stock price is moving -17.52% down while it is -85.37% when we observe its performance for the past one month. Year-to-date it is -98.71% down and over the past year, the stock is showing a downside performance of -99.17%.

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 2.93. Stock has a price to sale or P/S ratio amounts to 0.02. Its return on asset (ROA) is -16.43% on average.