Pineapple Energy Inc (NASDAQ: PEGY) is -98.54% lower on its value in year-to-date trading and has touched a low of $4.68 and a high of $734.92 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 $8.15 in the last trading session, with the day’s loss setting it -1.66%.
Currently trading at $6.49, the stock is 4.49% and -68.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing -20.37% at the moment leaves the stock -92.74% off its SMA200. PEGY registered -98.86% loss for a year compared to 6-month loss of -81.11%. The firm has a 50-day simple moving average (SMA 50) of $20.793 and a 200-day simple moving average (SMA200) of $89.47575.
The stock witnessed a -12.94% gain in the last 1 month and extending the period to 3 months gives it a -91.57%, and is 4.01% up 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 33.04% over the week and 16.52% over the month.
Pineapple Energy Inc (PEGY) has around 201 employees, a market worth around $2.01M and $64.50M in sales. Profit margin for the company is -32.68%. Distance from 52-week low is 38.68% and -99.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-109.94%).
with sales reaching $24.7M over the same period., but quarterly earnings will post 10.10% year-over-year. Quarterly sales are estimated to grow 19.90% in year-over-year returns.
Pineapple Energy Inc (PEGY) Top Institutional Holders
11.0 institutions hold shares in Pineapple Energy Inc (PEGY), with institutional investors hold 0.24% of the company’s shares. The shares float is at 0.21M with Short Float at 2.57%. Institutions hold 0.23% of the Float.
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Pineapple Energy Inc (PEGY) Insider Activity
The most recent transaction is an insider purchase by Conroy Jeffrey J., the company’s 10% Owner. SEC filings show that Conroy Jeffrey J. bought 350,704 shares of the company’s common stock on Oct 10 ’24 at a price of $0.12 per share for a total of $40331.0. Following the purchase, the insider now owns 2.21 million shares.
Pineapple Energy Inc disclosed in a document filed with the SEC on Oct 10 ’24 that Conroy Jeffrey J. (10% Owner) sold a total of 16,014 shares of the company’s common stock. The trade occurred on Oct 10 ’24 and was made at $0.11 per share for $1810.0. Following the transaction, the insider now directly holds 2.19 million shares of the PEGY stock.
Still, SEC filings show that on Oct 09 ’24, Conroy Jeffrey J. (10% Owner) acquired 333,921 shares at an average price of $0.11 for $36063.0. The insider now directly holds 1,889,010 shares of Pineapple Energy Inc (PEGY).
