Pineapple Energy Inc [NASDAQ: PEGY] loss -1.26% on the last trading session, reaching $0.05 price per share at the time.
If compared to the average trading volume of 6.23M shares, PEGY reached a trading volume of 5300843 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Pineapple Energy Inc [PEGY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PEGY shares is $0.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PEGY stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Pineapple Energy Inc is set at 0.01, with the Price to Sales ratio for PEGY stock in the period of the last 12 months amounting to 0.04. The Price to Book ratio for the last quarter was 0.02, with the Price to Cash per share for the same quarter was set at 0.08.
Trading performance analysis for PEGY stock
Pineapple Energy Inc [PEGY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -24.07. With this latest performance, PEGY shares dropped by -25.40% in over the last four-week period, additionally sinking by -94.20% over the last 6 months – not to mention a drop of -96.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PEGY stock in for the last two-week period is set at 27.47, with the RSI for the last a single of trading hit 25.63, and the three-weeks RSI is set at 26.68 for Pineapple Energy Inc [PEGY]. The present Moving Average for the last 50 days of trading for this stock 0.0717, while it was recorded at 0.0508 for the last single week of trading, and 0.6590 for the last 200 days.
Pineapple Energy Inc [PEGY]: A deeper dive into fundamental analysis
Pineapple Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.55 and a Current Ratio set at 0.71.
An analysis of Institutional ownership at Pineapple Energy Inc [PEGY]
The top three institutional holders of PEGY stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in PEGY stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in PEGY stock with ownership which is approximately 5.8386%.
