Key Points
- CFO James Robert Brennan acquired 123,254 shares of SUNation Energy on April 14 at an average price of $1.77 per share, costing about $218,159.58.
- Following the trade he owns 123,269 shares (≈$218,186), a reported 821,693.33% increase in his position from a previously negligible holding.
- SUNation Energy is a small-cap (~$5.2M) stock trading near $1.52, remains unprofitable (negative PE and net margin), and has mixed analyst coverage with an average rating of “Sell”.
SUNation Energy Inc. (NASDAQ:SUNE - Get Free Report) CFO James Robert Brennan acquired 123,254 shares of the stock in a transaction dated Tuesday, April 14th. The stock was acquired at an average cost of $1.77 per share, with a total value of $218,159.58. Following the completion of the transaction, the chief financial officer owned 123,269 shares in the company, valued at approximately $218,186.13. This represents a 821,693.33% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.
SUNation Energy Stock Performance
SUNE stock opened at $1.52 on Friday. The stock has a 50-day moving average price of $1.62 and a 200-day moving average price of $1.40. SUNation Energy Inc. has a 1-year low of $0.68 and a 1-year high of $3.46. The company has a current ratio of 1.07, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The firm has a market cap of $5.18 million, a PE ratio of -0.01 and a beta of 2.29.
SUNation Energy (NASDAQ:SUNE - Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The company reported $1.81 earnings per share for the quarter. SUNation Energy had a negative return on equity of 52.50% and a negative net margin of 15.15%.The firm had revenue of $27.21 million during the quarter.
Wall Street Analyst Weigh In
A number of analysts recently commented on the company. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of SUNation Energy in a research report on Tuesday, April 21st. Wall Street Zen raised SUNation Energy to a "buy" rating in a research report on Saturday, March 28th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of "Sell".
Read Our Latest Research Report on SUNation Energy
SUNation Energy Company Profile
(
Get Free Report)
SUNation Energy Group, Inc is a Florida-based solar energy company specializing in the design, engineering, procurement, construction and maintenance of photovoltaic solar systems. Headquartered in Boca Raton, the company focuses on delivering turnkey solar solutions for residential and commercial customers. Its integrated service model spans site assessment, system design, installation, interconnection and ongoing performance monitoring.
The company's product offering includes rooftop and ground-mounted solar arrays, energy storage systems and electric vehicle charging stations.
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