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

StockNews.com started coverage on shares of Via Renewables (NASDAQ:VIA) in a research report report published on Friday morning. The firm issued a hold rating on the stock.

Via Renewables Stock Performance

Shares of VIA stock opened at $10.99 on Friday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.32 and a current ratio of 2.34. The company has a market capitalization of $79.49 million, a P/E ratio of 2.73 and a beta of 1.34. The company’s 50 day moving average price is $10.89 and its two-hundred day moving average price is $10.69. Via Renewables has a 52 week low of $10.99 and a 52 week high of $11.00.

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

Hedge Funds Weigh In On Via Renewables

An institutional investor recently bought a new position in Via Renewables stock. Bailard Inc. purchased a new position in shares of Via Renewables, Inc. (NASDAQ:VIA) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,565 shares of the company’s stock, valued at approximately $118,000. Bailard Inc. owned approximately 0.17% of Via Renewables as of its most recent SEC filing. Institutional investors own 74.40% of the company’s stock.

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.