Shares of Tigo Energy, Inc. (NASDAQ:TYGO - Get Free Report) shot up 2.4% during mid-day trading on Monday . The stock traded as high as $1.30 and last traded at $1.30. 56,244 shares traded hands during trading, a decline of 1% from the average session volume of 56,929 shares. The stock had previously closed at $1.27.
Tigo Energy Stock Down 18.6%
The stock has a market capitalization of $70.70 million, a price-to-earnings ratio of -1.19 and a beta of 0.86. The stock's 50-day simple moving average is $1.02 and its 200 day simple moving average is $0.95.
Tigo Energy (NASDAQ:TYGO - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.13) by $0.02. The company had revenue of $18.84 million during the quarter, compared to analysts' expectations of $17.56 million. Tigo Energy had a negative net margin of 92.37% and a negative return on equity of 257.79%. As a group, equities research analysts anticipate that Tigo Energy, Inc. will post -0.43 earnings per share for the current year.
Tigo Energy Company Profile
(
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Tigo Energy, Inc provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities.
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