Charge Enterprises (NASDAQ:CRGE) Reaches New 52-Week Low at $2.70

Charge Enterprises, Inc. (NASDAQ:CRGEGet Rating)’s share price hit a new 52-week low on Wednesday . The company traded as low as $2.70 and last traded at $2.81, with a volume of 880 shares. The stock had previously closed at $2.78.

Analyst Upgrades and Downgrades

Separately, Maxim Group reissued a “buy” rating and set a $8.00 price target on shares of Charge Enterprises in a research note on Friday, June 24th.

Charge Enterprises Trading Down 6.9 %

The company has a 50 day simple moving average of $4.30. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.21 and a quick ratio of 1.21.

Charge Enterprises (NASDAQ:CRGEGet Rating) last released its quarterly earnings data on Monday, May 16th. The company reported ($0.09) EPS for the quarter. The firm had revenue of $162.98 million during the quarter.

Insider Transactions at Charge Enterprises

In other news, COO Craig Harper-Denson sold 12,500 shares of the company’s stock in a transaction on Tuesday, July 5th. The stock was sold at an average price of $4.45, for a total transaction of $55,625.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Trading of Charge Enterprises

Several large investors have recently added to or reduced their stakes in CRGE. Williams Jones Wealth Management LLC. acquired a new stake in Charge Enterprises in the 1st quarter valued at $74,000. Private Advisor Group LLC acquired a new stake in Charge Enterprises in the 2nd quarter valued at $109,000. Strs Ohio acquired a new stake in Charge Enterprises in the 2nd quarter valued at $120,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Charge Enterprises in the 2nd quarter valued at $148,000. Finally, ProShare Advisors LLC purchased a new position in Charge Enterprises in the 2nd quarter valued at about $58,000. 0.02% of the stock is currently owned by institutional investors and hedge funds.

About Charge Enterprises

(Get Rating)

Charge Enterprises Inc engages in building the electrification and telecommunications infrastructure for electric vehicle charging(EVC) and wireless network infrastructure, including 5G, tower, distributed antennae systems, small cell, and electrical infrastructure. The company operates through Telecommunications and Infrastructure segments.

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