This is why Pineapple Energy Inc (PEGY) Stock is one of the options for the Longer run

Pineapple Energy Inc [PEGY] stock prices are up 47.91% to $8.15 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PEGY shares have gain 37.09% over the last week, with a monthly amount glided 6.89%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

The stock price of Pineapple Energy Inc [PEGY] has been fluctuating between $4.68 and $734.92 over the past year. Currently, Wall Street analysts expect the stock to reach $0.1 within the next 12 months. Pineapple Energy Inc [NASDAQ: PEGY] shares were valued at $8.15 at the most recent close of the market. An investor can expect a potential drop of -98.77% based on the average PEGY price forecast.

Analyzing the PEGY fundamentals

The Pineapple Energy Inc [NASDAQ:PEGY] reported sales of 64.50M for trailing twelve months, representing a drop of -31.69%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.65 and Total Capital is -0.3. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.79.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.17 points at the first support level, and at 4.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.15, and for the 2nd resistance point, it is at 14.16.

Ratios To Look Out For

It’s worth pointing out that Pineapple Energy Inc [NASDAQ:PEGY]’s Current Ratio is 0.51. As well, the Quick Ratio is 0.38, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.04.

Transactions by insiders

Recent insider trading involved Conroy Jeffrey J., 10% Owner, that happened on Oct 10 ’24 when 0.35 million shares were purchased. 10% Owner, Conroy Jeffrey J. completed a deal on Oct 10 ’24 to sell 16014.0 shares. Meanwhile, 10% Owner Conroy Jeffrey J. bought 0.33 million shares on Oct 09 ’24.

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