Via Renewables (NASDAQ:VIA) Earns Hold Rating from Analysts at StockNews.com

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

Via Renewables Trading Down 0.1 %

Shares of VIA stock opened at $10.85 on Thursday. Via Renewables has a 1 year low of $5.22 and a 1 year high of $13.31. The firm’s fifty day simple moving average is $10.86 and its 200 day simple moving average is $9.59. The firm has a market capitalization of $78.45 million, a P/E ratio of 11.42 and a beta of 1.31. The company has a current ratio of 1.99, a quick ratio of 1.95 and a debt-to-equity ratio of 2.51.

Via Renewables (NASDAQ:VIA) last announced its earnings results on Wednesday, February 28th. The company reported ($0.93) earnings per share (EPS) for the quarter. Via Renewables had a return on equity of 48.61% and a net margin of 3.44%. The company had revenue of $101.70 million for the quarter.

Institutional Investors Weigh In On Via Renewables

Several large investors have recently made changes to their positions in the company. Bailard Inc. acquired a new position in Via Renewables during the 4th quarter worth about $118,000. Metis Global Partners LLC acquired a new position in Via Renewables during the 3rd quarter worth about $125,000. Finally, AE Wealth Management LLC acquired a new position in Via Renewables during the 3rd quarter worth about $146,000. Institutional investors own 74.40% of the company’s stock.

About Via Renewables

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.