Zeo Energy Corp. (NASDAQ:ZEO - Get Free Report) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 94,500 shares, a decline of 42.3% from the December 31st total of 163,800 shares. Based on an average daily trading volume, of 913,500 shares, the days-to-cover ratio is presently 0.1 days. Currently, 7.0% of the shares of the company are short sold.
Institutional Investors Weigh In On Zeo Energy
An institutional investor recently bought a new position in Zeo Energy stock. Townsquare Capital LLC acquired a new position in Zeo Energy Corp. (NASDAQ:ZEO - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 50,378 shares of the company's stock, valued at approximately $85,000. Townsquare Capital LLC owned approximately 0.12% of Zeo Energy at the end of the most recent reporting period.
Zeo Energy Stock Up 8.8 %
ZEO traded up $0.22 during trading on Friday, hitting $2.73. The company's stock had a trading volume of 100,277 shares, compared to its average volume of 1,830,065. The business's 50 day simple moving average is $2.35 and its 200-day simple moving average is $2.22. The firm has a market cap of $112.01 million, a PE ratio of -1.96 and a beta of -0.80. Zeo Energy has a one year low of $1.05 and a one year high of $11.60.
Zeo Energy (NASDAQ:ZEO - Get Free Report) last announced its earnings results on Thursday, January 23rd. The company reported ($0.08) EPS for the quarter. Zeo Energy had a negative return on equity of 3.32% and a negative net margin of 2.05%.
Zeo Energy Company Profile
(
Get Free Report)
Zeo Energy Corp. provides residential solar energy systems, other energy efficient equipment, and related services in Florida, Texas, Arkansas, and Missouri, the United States. The company is involved in the selling and installing of residential solar energy systems that homeowners use electricity required to power their homes.
See Also
Before you consider Zeo 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 Zeo Energy wasn't on the list.
While Zeo Energy currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
