StockNews.com assumed coverage on shares of Via Renewables (NASDAQ:VIA - Free Report) in a research report released on Wednesday morning. The firm issued a hold rating on the stock.
Via Renewables Trading Down 0.3 %
Shares of NASDAQ VIA traded down $0.03 on Wednesday, reaching $10.80. 12,224 shares of the company traded hands, compared to its average volume of 33,330. The stock has a market capitalization of $78.08 million, a PE ratio of 11.37 and a beta of 1.31. Via Renewables has a fifty-two week low of $5.22 and a fifty-two week high of $18.48. The company has a current ratio of 1.99, a quick ratio of 1.95 and a debt-to-equity ratio of 2.51. The company has a 50 day moving average of $10.84 and a 200 day moving average of $9.46.
Via Renewables (NASDAQ:VIA - Get Free Report) last issued its earnings results on Wednesday, February 28th. The company reported ($0.93) earnings per share for the quarter. Via Renewables had a return on equity of 48.61% and a net margin of 3.44%. The firm had revenue of $101.70 million during the quarter.
Institutional Trading of Via Renewables
Several hedge funds and other institutional investors have recently bought and sold shares of VIA. Citigroup Inc. grew its position in Via Renewables by 112.4% in the 1st quarter. Citigroup Inc. now owns 6,203 shares of the company's stock worth $51,000 after purchasing an additional 3,282 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new stake in Via Renewables during the 4th quarter valued at $58,000. PDT Partners LLC bought a new stake in Via Renewables during the 4th quarter valued at $67,000. Virtu Financial LLC acquired a new position in Via Renewables during the 4th quarter worth $69,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of Via Renewables in the second quarter worth $72,000. 74.40% of the stock is owned by institutional investors.
Via Renewables Company Profile
(
Get Free Report)
Via Renewables, Inc, through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers.
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