UGE International (CVE:UGE) Stock Price Down 6.9%

UGE International Ltd. (CVE:UGEGet Free Report)’s stock price dropped 6.9% during trading on Tuesday . The stock traded as low as C$0.53 and last traded at C$0.54. Approximately 26,120 shares changed hands during trading, an increase of 41% from the average daily volume of 18,526 shares. The stock had previously closed at C$0.58.

Analyst Ratings Changes

UGE has been the subject of several recent analyst reports. Cormark cut shares of UGE International from a “market perform” rating to a “tender” rating and boosted their price objective for the company from C$1.00 to C$2.00 in a research note on Thursday. Ventum Cap Mkts cut shares of UGE International from a “buy” rating to a “neutral” rating in a research note on Thursday, May 2nd.

View Our Latest Research Report on UGE International

UGE International Stock Up 1.1 %

The stock’s fifty day moving average is C$0.73 and its 200 day moving average is C$0.87. The company has a current ratio of 0.25, a quick ratio of 0.73 and a debt-to-equity ratio of 1,211.57. The company has a market capitalization of C$62.29 million, a P/E ratio of -3.14 and a beta of 0.78.

UGE International (CVE:UGEGet Free Report) last posted its quarterly earnings results on Tuesday, April 30th. The company reported C($0.16) EPS for the quarter. The company had revenue of C$0.20 million for the quarter. Research analysts predict that UGE International Ltd. will post -0.35 EPS for the current fiscal year.

About UGE International

(Get Free Report)

UGE International Ltd. develops, builds, finances, owns, and operates commercial and community solar facilities in Canada, the United States, and the Philippines. It also provides energy storage services; and engineering and consulting services. The company was founded in 2008 and is headquartered in Toronto, Canada.

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