Pineapple Energy (NASDAQ:PEGY) Shares Down 4.8% – Should You Sell?

Pineapple Energy Inc. (NASDAQ:PEGYGet Free Report) fell 4.8% on Tuesday . The company traded as low as $1.54 and last traded at $1.58. 424,988 shares traded hands during trading, a decline of 42% from the average session volume of 730,629 shares. The stock had previously closed at $1.66.

Pineapple Energy Price Performance

The company has a current ratio of 0.47, a quick ratio of 0.36 and a debt-to-equity ratio of 0.71. The business has a fifty day moving average price of $1.63 and a two-hundred day moving average price of $1.32.

About Pineapple Energy

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Pineapple Energy Inc engages in the sale, design, and installation of photovoltaic solar energy systems and battery storage systems in the United States. Its brand portfolio includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. The company develops and manufactures energy management software and hardware, such as energy management control devices on solar systems that are paired with batteries.

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