Canaccord Genuity Group Reiterates “Buy” Rating for eEnergy Group (LON:EAAS)

eEnergy Group (LON:EAAS)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a report released on Thursday, Marketbeat Ratings reports. They currently have a GBX 12 ($0.15) price objective on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 124.30% from the company’s current price.

eEnergy Group Stock Down 4.5 %

Shares of LON:EAAS opened at GBX 5.35 ($0.07) on Thursday. The stock’s 50-day moving average price is GBX 4.86 and its 200-day moving average price is GBX 5.04. The stock has a market capitalization of £18.84 million, a P/E ratio of -7.30 and a beta of 1.10. The company has a current ratio of 0.94, a quick ratio of 0.99 and a debt-to-equity ratio of 35.63. eEnergy Group has a 12-month low of GBX 2.50 ($0.03) and a 12-month high of GBX 7.68 ($0.09).

eEnergy Group Company Profile

eEnergy Group Plc, together with its subsidiaries, operates as an integrated energy services company in the United Kingdom and Ireland. It offers LED lighting solutions to education and commercial clients; and energy consultancy, procurement, analytics, and efficiency services. The company is based in London, the United Kingdom.