Shares of Real Goods Solar, Inc. (NASDAQ:RGSE) recorded -29.09% loss during trading session on April 16th, 2019. The script traded as low as $0.1 and last traded at $0.12. 6.31 million shares changed exchanged hands during trading, a drop of -204.85% from the 30-day average session volume of 2.07M shares. The firm had previously closed at $0.17. The company has $78.90M outstanding shares, price-to-earnings-growth ratio of 0.62 . The company has a RSI of 24.55, ATR of 0.04 and a volatility of 21.32% this week. RGSE has a 52 week low price of $0.14 and a 52 week high price of $1.64.
Investors have identified the tech company Real Goods Solar, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 9.23M, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Real Goods Solar, Inc. (RGSE) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For RGSE, the company has in raw cash 5.83 million on their books with 1.57 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 0 total, with 17000 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
RGSE were able to record 12.39 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 4.66 million. In cash movements, the company had a total of 12.37 million as operating cash flow.
Potential earnings growth for Real Goods Solar, Inc. (RGSE)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Real Goods Solar, Inc. recorded a total of 2.39 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -1.05% coming in sequential stages and their sales for the third quarter reducing by -0.62%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 3.41 million trying to sell their products during the last quarter, with the result yielding a gross income of 1.02 million. This allows shareholders to hold on to 78.90M with the revenue now reading 0 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (-0.01 cents a share).
Is the stock of RGSE attractive?
Having a look at the company’s valuation, the company is expected to record -0.04 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RGSE sounds very interesting.
In related news, CEO LACEY DENNIS J bought 100,000 shares of the company’s stock in a transaction that recorded on December 14th, 2019. The purchase was performed at an average price of 0.57, for a total value of 57,000. As the purchase deal closes, the Director LACEY DENNIS J now bought 50,000 shares of the company’s stock, valued at 24,950. Also, Director BOUSKA PAVEL bought 20,000 shares of the company’s stock in a deal that was recorded on November 16th, 2019. The shares were bought at an average cost of 0.54 per share, with a total market value of 20,004. Following this completion of disposal, the CFO now holds 85,000 shares of the company’s stock, valued at 45,900. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.76%.