Via Renewables (NASDAQ:VIA) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Via Renewables (NASDAQ:VIA) in a research report issued on Thursday. The firm set a “hold” rating on the stock.

Via Renewables Stock Performance

NASDAQ VIA opened at $10.99 on Thursday. The firm has a market cap of $79.49 million, a P/E ratio of 2.73 and a beta of 1.34. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.34 and a quick ratio of 2.32. The stock’s 50-day moving average is $10.86 and its 200-day moving average is $10.58. Via Renewables has a one year low of $10.99 and a one year high of $11.00.

Via Renewables (NASDAQ:VIA) last released its quarterly earnings results on Wednesday, May 1st. The company reported $1.81 EPS for the quarter. The company had revenue of $114.06 million for the quarter. Via Renewables had a return on equity of 57.36% and a net margin of 5.68%.

Institutional Investors Weigh In On Via Renewables

An institutional investor recently bought a new position in Via Renewables stock. Bailard Inc. bought a new stake in Via Renewables, Inc. (NASDAQ:VIA) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 12,565 shares of the company’s stock, valued at approximately $118,000. Bailard Inc. owned about 0.17% of Via Renewables as of its most recent filing with the SEC. 74.40% of the stock is owned by hedge funds and other institutional investors.

Via Renewables Company Profile

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.