Via Renewables (NASDAQ:VIA) Now Covered by StockNews.com

Research analysts at StockNews.com began coverage on shares of Via Renewables (NASDAQ:VIA) in a research note issued to investors on Saturday. The brokerage set a “hold” rating on the stock.

Via Renewables Stock Performance

Shares of VIA opened at $10.99 on Friday. The company’s fifty day moving average is $10.90 and its 200 day moving average is $10.75. Via Renewables has a fifty-two week low of $10.99 and a fifty-two week high of $11.00. The stock has a market capitalization of $79.49 million, a PE ratio of 2.73 and a beta of 1.34. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.32 and a current ratio of 2.34.

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

Institutional Trading of Via Renewables

An institutional investor recently bought a new position in Via Renewables stock. Bailard Inc. acquired a new position in Via Renewables, Inc. (NASDAQ:VIA) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 12,565 shares of the company’s stock, valued at approximately $118,000. Bailard Inc. owned 0.17% of Via Renewables at the end of the most recent reporting period. 74.40% of the stock is owned by institutional investors.

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.