Geode Capital Management LLC Has $399,000 Stock Holdings in Tigo Energy, Inc. (NASDAQ:TYGO)

Geode Capital Management LLC grew its stake in shares of Tigo Energy, Inc. (NASDAQ:TYGO) by 166.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 234,893 shares of the company’s stock after purchasing an additional 146,634 shares during the period. Geode Capital Management LLC owned approximately 0.39% of Tigo Energy worth $399,000 as of its most recent filing with the Securities and Exchange Commission.

Tigo Energy Stock Performance

Shares of TYGO opened at $0.94 on Monday. The stock has a 50-day moving average of $0.96 and a 200-day moving average of $1.24. Tigo Energy, Inc. has a one year low of $0.77 and a one year high of $2.12. The company has a debt-to-equity ratio of 1.14, a current ratio of 3.96 and a quick ratio of 1.60. The company has a market cap of $57.04 million, a PE ratio of -1.10 and a beta of 0.76.

Tigo Energy (NASDAQ:TYGO) last released its quarterly earnings data on Wednesday, November 6th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.05). Tigo Energy had a negative net margin of 110.29% and a negative return on equity of 103.85%. The firm had revenue of $14.24 million for the quarter, compared to the consensus estimate of $13.92 million. During the same quarter in the prior year, the firm earned ($0.89) EPS. On average, equities research analysts predict that Tigo Energy, Inc. will post -0.78 EPS for the current fiscal year.

Tigo Energy Company Profile

Tigo Energy, Inc provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities.