Tigo Energy Inc [TYGO] stock is trading at $1.47, up 19.51%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TYGO shares have gain 12.21% over the last week, with a monthly amount glided 15.29%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tigo Energy Inc [NASDAQ: TYGO] stock has seen the most recent analyst activity on February 27, 2024, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $5. Previously, ROTH MKM downgraded its rating to Neutral on November 09, 2023, and dropped its price target to $2.50. On June 20, 2023, ROTH MKM initiated with a Buy rating and assigned a price target of $21 on the stock. Craig Hallum started tracking the stock assigning a Buy rating and suggested a price target of $28 on June 20, 2023.
Tigo Energy Inc [TYGO] stock has fluctuated between $0.58 and $1.80 over the past year. Tigo Energy Inc [NASDAQ: TYGO] shares were valued at $1.47 at the most recent close of the market.
Analyzing the TYGO fundamentals
Tigo Energy Inc [NASDAQ:TYGO] reported sales of 74.41M for the trailing twelve months, which represents a growth of 89.39%. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at -0.54%, Pretax Profit Margin comes in at -0.68%, and Net Profit Margin reading is -0.69%. To continue investigating profitability, this company’s Return on Assets is posted at -0.64, Equity is -4.34 and Total Capital is -3.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of28.3.
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 1.3433 points at the first support level, and at 1.2167 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6733, and for the 2nd resistance point, it is at 1.8767.
Ratios To Look Out For
For context, Tigo Energy Inc’s Current Ratio is 0.89. As well, the Quick Ratio is 0.61, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 1.23, the price to book ratio is 24.11.
