Via Renewables (NASDAQ:VIA) Research Coverage Started at StockNews.com

Analysts at StockNews.com began coverage on shares of Via Renewables (NASDAQ:VIA) in a report released on Friday. The brokerage set a “hold” rating on the stock.

Via Renewables Price Performance

Via Renewables stock opened at $10.99 on Friday. The firm has a market capitalization of $79.49 million, a P/E ratio of 2.73 and a beta of 1.34. Via Renewables has a one year low of $10.99 and a one year high of $11.00. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.34 and a quick ratio of 2.32. The business has a fifty day moving average price of $10.88 and a 200-day moving average price of $10.65.

Via Renewables (NASDAQ:VIA) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $1.81 earnings per share (EPS) for the quarter. The firm had revenue of $114.06 million for the quarter. Via Renewables had a net margin of 5.68% and a return on equity of 57.36%.

Institutional Investors Weigh In On Via Renewables

A hedge fund recently bought a new stake in Via Renewables stock. Bailard Inc. acquired a new position in Via Renewables, Inc. (NASDAQ:VIA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,565 shares of the company’s stock, valued at approximately $118,000. Bailard Inc. owned about 0.17% of Via Renewables as of its most recent filing with the Securities and Exchange Commission. 74.40% of the stock is owned by hedge funds and other institutional investors.

About Via Renewables

Via Renewables, Inc, through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers.