Investors Are Waking Up To SUNation Energy Inc (NASDAQ: SUNE) After Losing -99.30% Over The Past 12 Months

SUNation Energy Inc (NASDAQ:SUNE) currently has a daily average trading volume of 10.96M but it saw 4813196 shares traded in last market. With a market cap of 1.40M USD, the company’s current market price of $0.32 came rising about 10.31 while comparing to the previous closing price of $0.29. 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. In the recent trading on the day, stock has struck highest price mark of $0.24 while lowest mark touched by it was $0.3251.

Taking a look at 20-day trading activity of SUNation Energy Inc (SUNE) gives us an average price of $0.7218, while its current price level is -99.90% below from 52-week high level whereas it is 97.23% 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 $1.4798 while that of 200 days or SMA-200 reads an average of $29.5517. A closer look into the stock’s movement over the week reveals that its volatility is standing at 41.64% during that period while stretching the period over a month that decreases to 23.46%. 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 27.99 which implies that the stock is in oversold territory.

Over the week, SUNE’s stock price is moving 80.63% up while it is -73.89% when we observe its performance for the past one month. Year-to-date it is -87.84% down and over the past year, the stock is showing a downside performance of -99.30%.

Currently, SUNation Energy Inc’s total number of outstanding shares is 4.39M. Company’s return on investment (ROI) stands at -85.59% and return on equity (ROE) at -61.20%. Stock’s beta reads 3.26. Stock has a price to book (P/B) ratio of 0.02 while price to sale or P/S ratio amounts to 0.02. Its return on asset (ROA) is -18.87% on average.