Investors Are Waking Up To SUNation Energy Inc (NASDAQ: SUNE) After Losing -99.31% Over The Past 12 Months

SUNation Energy Inc (NASDAQ:SUNE) currently has a daily average trading volume of 96.59K but it saw 5388078 shares traded in last market. With a market cap of 0.82M USD, the company’s current market price of $0.42 came falling about -63.26 while comparing to the previous closing price of $1.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $313.50 and as low as $1.11.

Taking a look at 20-day trading activity of SUNation Energy Inc (SUNE) gives us an average price of $1.3744, while its current price level is -99.87% below from 52-week high level whereas it is -61.94% 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 $1.9576 while that of 200 days or SMA-200 reads an average of $34.1507. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.62% during that period while stretching the period over a month that increases to 14.14%. 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 15.53 which implies that the stock is in oversold territory.

Over the week, SUNE’s stock price is moving -64.79% down while it is -76.79% when we observe its performance for the past one month. Year-to-date it is -83.94% down and over the past year, the stock is showing a downside performance of -99.31%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, SUNation Energy Inc’s total number of outstanding shares is 1.93M with 3.55% of that held by the insiders while 1.90% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -85.59% and return on equity (ROE) at -61.20%. Stock’s beta reads 3.06. Stock has a price to book (P/B) ratio of 0.03 while price to sale or P/S ratio amounts to 0.01. Its return on asset (ROA) is -18.87% on average.