Pineapple Energy (PEGY) Set to Announce Quarterly Earnings on Thursday

Pineapple Energy (NASDAQ:PEGYGet Free Report) is scheduled to be announcing its earnings results after the market closes on Thursday, March 28th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Pineapple Energy Price Performance

Shares of PEGY opened at $0.06 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.64 and a current ratio of 0.85. Pineapple Energy has a fifty-two week low of $0.05 and a fifty-two week high of $1.73. The firm has a 50-day simple moving average of $0.19 and a 200-day simple moving average of $0.54. The company has a market capitalization of $2.71 million, a price-to-earnings ratio of -0.04 and a beta of 2.34.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of PEGY. Two Sigma Securities LLC acquired a new position in Pineapple Energy during the first quarter worth $31,000. Citadel Advisors LLC acquired a new stake in shares of Pineapple Energy during the 3rd quarter valued at approximately $33,000. Millennium Management LLC purchased a new stake in shares of Pineapple Energy during the 2nd quarter worth approximately $44,000. Renaissance Technologies LLC boosted its stake in shares of Pineapple Energy by 530.6% during the 1st quarter. Renaissance Technologies LLC now owns 66,101 shares of the company’s stock worth $105,000 after acquiring an additional 55,619 shares in the last quarter. Finally, BlackRock Inc. acquired a new stake in shares of Pineapple Energy in the 1st quarter worth approximately $218,000. 4.21% of the stock is currently owned by hedge funds and other institutional investors.

Pineapple Energy Company Profile

(Get Free Report)

Pineapple Energy Inc engages in the sale, design, and installation of photovoltaic solar energy systems and battery storage systems in the United States. Its brand portfolio includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. The company develops and manufactures energy management software and hardware, such as energy management control devices on solar systems that are paired with batteries.

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Earnings History for Pineapple Energy (NASDAQ:PEGY)

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