The stock of Pineapple Energy Inc (NASDAQ:PEGY) last traded at $0.12, down -6.79% from the previous session.
PEGY stock price is now -83.35% away from the 50-day moving average and -94.96% away from the 200-day moving average. The market capitalization of the company currently stands at $1.09M.
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In other news, Ingvaldson Eric, CHIEF FINANCIAL OFFICER sold 2,663 shares of the company’s stock on Aug 21 ’24. The stock was sold for $2,321 at an average price of $0.87. Upon completion of the transaction, the CHIEF FINANCIAL OFFICER now directly owns 7,625 shares in the company, valued at $915.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 14 ’24, Director Holland Tom bought 3,000 shares of the business’s stock. A total of $3,915 was incurred on buying the stock at an average price of $1.30. This leaves the insider owning 5,012 shares of the company worth $601.44. A total of 14.37% of the company’s stock is owned by insiders.
During the past 12 months, Pineapple Energy Inc has had a low of $0.13 and a high of $15.15. As of last week, the company has a debt-to-equity ratio of 3.50, a current ratio of 0.51, and a quick ratio of 0.38. The fifty day moving average price for PEGY is $0.7204 and a two-hundred day moving average price translates $2.43445 for the stock.
The latest earnings results from Pineapple Energy Inc (NASDAQ: PEGY) was released for 2024-06-30. The net profit margin was -32.68% and return on equity was -66.08% for PEGY. The company reported revenue of $13.55 million for the quarter, compared to $19.84 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -31.69 percent.