Alternus Clean Energy Inc (NASDAQ:ALCE - Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 44,500 shares, a drop of 79.8% from the September 30th total of 219,900 shares. Based on an average trading volume of 167,700 shares, the short-interest ratio is presently 0.3 days. Currently, 9.5% of the shares of the company are short sold.
Alternus Clean Energy Trading Up 1.9 %
ALCE stock traded up $0.05 during mid-day trading on Friday, hitting $2.62. 250,014 shares of the company were exchanged, compared to its average volume of 64,829. The business has a 50 day simple moving average of $4.34 and a 200-day simple moving average of $7.16. Alternus Clean Energy has a 1-year low of $2.14 and a 1-year high of $272.25.
Alternus Clean Energy (NASDAQ:ALCE - Get Free Report) last issued its quarterly earnings data on Monday, August 26th. The company reported ($2.50) earnings per share (EPS) for the quarter. The business had revenue of $3.85 million for the quarter.
About Alternus Clean Energy
(
Get Free Report)
Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.
Featured Stories
Before you consider Alternus Clean Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alternus Clean Energy wasn't on the list.
While Alternus Clean Energy currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
