Pineapple Energy Inc (NASDAQ: PEGY) is -98.28% lower on its value in year-to-date trading and has touched a low of $0.14 and a high of $15.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PEGY stock was last observed hovering at around $0.15 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.15, the stock is -75.63% and -86.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.6 million and changing 4.16% at the moment leaves the stock -94.82% off its SMA200. PEGY registered -98.98% loss for a year compared to 6-month loss of -83.84%.
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The stock witnessed a -83.63% gain in the last 1 month and extending the period to 3 months gives it a -87.17%, and is -24.78% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 21.85% over the week and 15.57% over the month.
Pineapple Energy Inc (PEGY) has around 201 employees, a market worth around $1.33M and $64.50M in sales. Profit margin for the company is -32.68%. Distance from 52-week low is 9.07% and -98.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-109.94%).
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Pineapple Energy Inc (PEGY) Top Institutional Holders
12.0 institutions hold shares in Pineapple Energy Inc (PEGY), with institutional investors hold 1.82% of the company’s shares. The shares outstanding are 8.72M, and float is at 7.47M with Short Float at 7.68%. Institutions hold 1.78% of the Float.
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Pineapple Energy Inc (PEGY) Insider Activity
The most recent transaction is an insider sale by Ingvaldson Eric, the company’s CHIEF FINANCIAL OFFICER. SEC filings show that Ingvaldson Eric sold 2,663 shares of the company’s common stock on Aug 21 ’24 at a price of $0.87 per share for a total of $2321.0. Following the sale, the insider now owns 7625.0 shares.
Pineapple Energy Inc disclosed in a document filed with the SEC on Jun 14 ’24 that Holland Tom (Director) bought a total of 3,000 shares of the company’s common stock. The trade occurred on Jun 14 ’24 and was made at $1.30 per share for $3915.0. Following the transaction, the insider now directly holds 5012.0 shares of the PEGY stock.
Still, SEC filings show that on Jun 13 ’24, SAMPSON RANDALL D (Director) acquired 6,700 shares at an average price of $1.45 for $9706.0. The insider now directly holds 11,572 shares of Pineapple Energy Inc (PEGY).
