Weiss Ratings Reaffirms “Sell (E+)” Rating for SUNation Energy (NASDAQ:SUNE)

SUNation Energy (NASDAQ:SUNE)‘s stock had its “sell (e+)” rating restated by equities researchers at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

SUNation Energy Stock Performance

SUNE opened at $1.54 on Friday. The stock has a market capitalization of $5.25 million, a price-to-earnings ratio of 0.00 and a beta of 3.15. The company has a fifty day moving average of $1.48 and a 200 day moving average of $1.84. SUNation Energy has a fifty-two week low of $1.34 and a fifty-two week high of $996.00. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.67 and a current ratio of 0.86.

SUNation Energy (NASDAQ:SUNE) last posted its earnings results on Friday, August 15th. The company reported ($3.14) earnings per share for the quarter. The company had revenue of $13.06 million for the quarter. SUNation Energy had a negative net margin of 41.62% and a negative return on equity of 158.58%. During the same period last year, the firm earned ($1.11) earnings per share.

SUNation Energy Company Profile

SUNation Energy Inc is focused on local and regional solar, storage and energy services companies. Its portfolio of brands provides homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage and grid services. SUNation Energy Inc, formerly known as Pineapple Energy, is based in RONKONKOMA, N.Y.