Pineapple Power (LON:PNPL) Shares Down 5.5% – Should You Sell?

Shares of Pineapple Power Co. plc (LON:PNPLGet Free Report) fell 5.5% during mid-day trading on Friday . The stock traded as low as GBX 2.74 ($0.03) and last traded at GBX 2.74 ($0.03). 637,887 shares were traded during mid-day trading, an increase of 255% from the average session volume of 179,851 shares. The stock had previously closed at GBX 2.90 ($0.04).

Pineapple Power Price Performance

The firm has a 50-day moving average of GBX 2.74 and a 200 day moving average of GBX 2.74. The stock has a market capitalization of £2.28 million, a price-to-earnings ratio of -274.00 and a beta of 1.15.

About Pineapple Power

(Get Free Report)

Pineapple Power Corporation plc does not have significant operations. The company intends to acquire a business or asset in the clean and renewable energy sectors. Pineapple Power Corporation plc was incorporated in 2014 and is based in London, the United Kingdom.

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