A Few Bright Spots In Pineapple Energy Inc (NASDAQ: PEGY)

Pineapple Energy Inc (NASDAQ:PEGY) currently has a daily average trading volume of 10.45M but it saw 9474357 shares traded in last market. With a market cap of 1.57M USD, the company’s current market price of $0.10 came falling about -1.93 while comparing to the previous closing price of $0.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.70 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.1 while lowest mark touched by it was $0.1075.

Taking a look at 20-day trading activity of Pineapple Energy Inc (PEGY) gives us an average price of $0.1265, while its current price level is -99.31% below from 52-week high level whereas it is 3.47% 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 $0.4684 while that of 200 days or SMA-200 reads an average of $1.9262. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.01% during that period while stretching the period over a month that decreases to 11.60%. 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 25.08 which implies that the stock is in oversold territory.

Over the week, PEGY’s stock price is moving -6.80% down while it is -33.60% when we observe its performance for the past one month. Year-to-date it is -98.86% 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 15.49M. Company’s return on investment (ROI) stands at -109.94% and return on equity (ROE) at -66.08%. Stock’s beta reads 2.94. Stock has a price to sale or P/S ratio amounts to 0.02. Its return on asset (ROA) is -16.43% on average.