Alternus Clean Energy Inc (NASDAQ:ALCE – Free Report) shares are set to reverse split on the morning of Friday, October 11th. The 1-25 reverse split was announced on Thursday, September 26th. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, October 10th.
Alternus Clean Energy Stock Down 25.2 %
NASDAQ ALCE traded down $0.04 on Wednesday, hitting $0.11. 12,437,400 shares of the company were exchanged, compared to its average volume of 1,069,744. Alternus Clean Energy has a 1-year low of $0.09 and a 1-year high of $10.89. The firm has a 50 day moving average of $0.21 and a two-hundred day moving average of $0.31.
Alternus Clean Energy (NASDAQ:ALCE – Get Free Report) last released its earnings results on Monday, August 26th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $3.85 million during the quarter.
Alternus Clean Energy Company Profile
Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.
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