On September 27, 2024, at 12:47 PM EST, SPI Energy (SPI, Financial) experienced significant stock movement, with its price rising by 5.54%. The stock was trading at $0.410 per share, with a volume of 79,396 shares and a turnover rate of 0.25%. The stock's amplitude was recorded at 2.27%.
Recent financial reports reveal that SPI Energy achieved $55.90 million in revenue, a net loss of $1.90 million, and earnings per share (EPS) of -$0.06. The company's gross profit stands at $7.50 million, and it has a price-to-earnings ratio (P/E) of -0.44. According to the sole rating institution that assessed the stock, 100% of analysts recommend holding the stock, with no buy or sell ratings.
In the solar sector, where SPI Energy operates, the overall increase was 1.72%. Notable gainers include FTC Solar, Inc., JinkoSolar Holding Co., Ltd., and Canadian Solar Inc. Active stocks in the sector, with high turnover rates, include Pineapple Energy Inc. (28.57%), Vivopower International Plc (7.47%), and SolarEdge Technologies, Inc. (3.55%). Stocks with significant amplitude include FTC Solar, Inc. (17.56%), Complete Solaria Inc C/Wts 31/07/2028 (To Pur Com) (14.95%), and Maxeon Solar Technologies, Ltd. (9.00%).
SPI Energy (SPI, Financial) offers photovoltaic solutions for commercial, residential, government, and utility customers. It provides engineering, procurement, and construction services for third-party project developers. The company is involved in the development, manufacturing, and marketing of various photovoltaic components. It sources photovoltaic modules and other equipment from independent suppliers and collaborates with third-party EPC contractors in logistics, installation, construction, and supervision. SPI Energy operates in the UK, Australia, the US, Greece, Japan, and Italy, with most revenue generated from Australia.
