SUNation Energy Inc (NASDAQ:SUNE) shares traded 19.72% higher at $0.34 on Wall Street last session.
SUNE stock price is now -78.42% away from the 50-day moving average and -98.90% away from the 200-day moving average. The market capitalization of the company currently stands at $1.49M.
In other news, Lacey Roger HD, Director bought 1,680 shares of the company’s stock on Dec 11 ’24. The stock was bought for $4,764 at an average price of $2.84. Upon completion of the transaction, the Director now directly owns 2,000 shares in the company, valued at $680.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 11 ’24, Chief Operating Officer Brennan James Robert bought 2,000 shares of the business’s stock. A total of $5,620 was incurred on buying the stock at an average price of $2.81. This leaves the insider owning 2,731 shares of the company worth $928.54. A total of 3.89% of the company’s stock is owned by insiders.
During the past 12 months, SUNation Energy Inc has had a low of $0.16 and a high of $313.50. As of last week, the company has a debt-to-equity ratio of 1.56, a current ratio of 0.45, and a quick ratio of 0.35.
The net profit margin was -36.57% and return on equity was -61.20% for SUNE. The company reported revenue of $14.72 million for the quarter, compared to $18.29 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -19.53 percent.