Stocks of Pineapple Energy Inc (NASDAQ:PEGY) traded higher last session on Wall Street, up 4.96% to $0.12.
PEGY stock price is now -75.32% away from the 50-day moving average and -93.81% away from the 200-day moving average. The market capitalization of the company currently stands at $1.93M.
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In other news, Conroy Jeffrey J., 10% Owner bought 333,921 shares of the company’s stock on Oct 09 ’24. The stock was bought for $36,063 at an average price of $0.11. Upon completion of the transaction, the 10% Owner now directly owns 1,889,010 shares in the company, valued at $0.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 09 ’24, 10% Owner Conroy Jeffrey J. sold 29,010 shares of the business’s stock. A total of $3,133 was realized by selling the stock at an average price of $0.11. This leaves the insider owning 1,860,000 shares of the company worth $0.22 million. 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 $0.10 and a high of $14.70. 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 $0.5056 and a two-hundred day moving average price translates $2.0175 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.
