SUNation Energy Inc (SUNE): Uncovering A True Diamond In The Rough

SUNation Energy Inc (NASDAQ:SUNE) currently has a daily average trading volume of 1.58M but it saw 4172352 shares traded in last market. With a market cap of 0.78M USD, the company’s current market price of $0.18 came rising about 1.61 while comparing to the previous closing price of $0.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $313.50 and as low as $0.16.

Taking a look at 20-day trading activity of SUNation Energy Inc (SUNE) gives us an average price of $0.9754, while its current price level is -99.94% below from 52-week high level whereas it is 9.19% 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 $1.7062 while that of 200 days or SMA-200 reads an average of $32.6309. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.58% during that period while stretching the period over a month that decreases to 17.16%. 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 13.46 which implies that the stock is in oversold territory.

Over the week, SUNE’s stock price is moving -58.08% down while it is -89.99% when we observe its performance for the past one month. Year-to-date it is -93.27% down and over the past year, the stock is showing a downside performance of -99.65%.

Currently, SUNation Energy Inc’s total number of outstanding shares is 4.39M with 1.56% of that held by the insiders while 0.83% 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 3.48. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.01. Its return on asset (ROA) is -18.87% on average.