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

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

Via Renewables Stock Performance

NASDAQ VIA opened at $10.88 on Thursday. The company has a quick ratio of 1.95, a current ratio of 1.99 and a debt-to-equity ratio of 2.51. The firm has a market cap of $78.70 million, a PE ratio of 11.45 and a beta of 1.31. The company has a 50 day moving average price of $10.86 and a 200 day moving average price of $9.64. Via Renewables has a 52 week low of $5.22 and a 52 week high of $13.31.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VIA. Bailard Inc. acquired a new stake in shares of Via Renewables in the fourth quarter worth $118,000. Metis Global Partners LLC acquired a new stake in shares of Via Renewables in the third quarter worth $125,000. Finally, AE Wealth Management LLC acquired a new stake in shares of Via Renewables in the third quarter worth $146,000. Institutional investors and hedge funds 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.