Real Goods Solar Inc (NASDAQ:RGSE) shares traded 11.63% up during most recent session to reach at the closing price of $0.37. The stock exchanged hands 6.46 Million shares versus average trading capacity of 1.59 Million shares, yielding a market cap of $4.6 Million. Wall Street analysts covering the stock are projecting that the stock will reach $2 within the next 52-weeks. The mean target projections are based on 1 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Real Goods Solar Inc (NASDAQ:RGSE) high price target of $2 and with a conservative view have low price target of $2.
Roth Capital “Downgrades” Real Goods Solar Inc (NASDAQ:RGSE) in a research note issued to investors on 8/20/14 to Neutral with price target of $1.9.
Additionally on 8/20/14 Canaccord Genuity “Maintained” Real Goods Solar Inc (NASDAQ:RGSE) to Buy setting price target at $3 and on 7/09/14 Cowen & Co. “Downgrades” the stock to Market Perform at $2.6. Furthermore on 7/02/14 Canaccord Genuity “Initiates Coverage on” the stock to Buy at $4.
On the other hand the company has Relative Strength Index (RSI 14) of 24.49 along with Average True Range (ATR 14) of 0.13, Consequently Real Goods Solar Inc (NASDAQ:RGSE)’s weekly and monthly volatility is 43.98%, 21.28% respectively. The company’s beta value is at 2.04.
In terms of Buy, Sell or Hold recommendations, Real Goods Solar Inc (NASDAQ:RGSE) has analysts’ mean recommendation of 0. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Currently Real Goods Solar Inc (NASDAQ:RGSE)’s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 7.2%. However the six-month change in the insider ownership was recorded 314.67%, as well as three-month change in the institutional ownership was recorded 0%.
Real Goods Solar Inc (NASDAQ:RGSE)’s trailing twelve month revenues are $14.3 Million, whereas its price to sales ratio for the same period is 0.32. Its book value per share for the most recent quarter is $0.33 while its price to book ratio for the same period is 1.12, as for as the company’s cash per share for the most recent quarter is $0.02, however its price to cash per share ratio for the same period is 15.32. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.