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

Analysts at StockNews.com started coverage on shares of Via Renewables (NASDAQ:VIA) in a research note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.

Via Renewables Price Performance

Shares of NASDAQ VIA opened at $10.88 on Thursday. The firm has a 50-day simple moving average of $10.86 and a two-hundred day simple moving average of $9.62. The company has a debt-to-equity ratio of 2.51, a current ratio of 1.99 and a quick ratio of 1.95. Via Renewables has a 1 year low of $5.22 and a 1 year high of $13.31. The company has a market cap of $78.66 million, a P/E ratio of 11.45 and a beta of 1.31.

Via Renewables (NASDAQ:VIA) last posted its quarterly earnings results on Wednesday, February 28th. The company reported ($0.93) earnings per share for the quarter. Via Renewables had a net margin of 3.44% and a return on equity of 48.61%. The company had revenue of $101.70 million for the quarter.

Hedge Funds Weigh In On Via Renewables

A number of large investors have recently bought and sold shares of VIA. Bailard Inc. purchased a new position in Via Renewables in the fourth quarter worth $118,000. Metis Global Partners LLC purchased a new position in Via Renewables in the third quarter worth $125,000. Finally, AE Wealth Management LLC purchased a new position in Via Renewables in the third quarter worth $146,000. Institutional investors own 74.40% of the company’s stock.

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.