eEnergy Group (LON:EAAS) Shares Up 4.8% – Here’s Why

eEnergy Group Plc (LON:EAAS) shares shot up 4.8% during mid-day trading on Thursday . The stock traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.40 ($0.06). 2,758,168 shares were traded during trading, an increase of 139% from the average session volume of 1,156,255 shares. The stock had previously closed at GBX 4.20 ($0.05).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 12 ($0.15) price target on shares of eEnergy Group in a research note on Thursday, January 30th.

eEnergy Group Trading Up 4.8 %

The company has a quick ratio of 0.99, a current ratio of 1.60 and a debt-to-equity ratio of 35.22. The firm has a market cap of £17.04 million, a price-to-earnings ratio of -3.93 and a beta of 1.40. The company has a 50-day moving average price of GBX 4.41 and a 200 day moving average price of GBX 5.16.

eEnergy Group Company Profile