(GNE) Genie Energy - Ratings and Ratios

Genie Energy Ltd (NYSE:GNE) is a diversified energy company focused on delivering electricity and natural gas to residential and small business customers across the U.S. and internationally. The company operates through two primary segments: Genie Energy Renewables (GRE) and Genie Renewables. Its operations include the development, construction, and management of solar energy projects tailored for commercial and industrial clients, as well as its own portfolio. Additionally, the firm provides energy brokerage and advisory services, markets community solar solutions, and engages in the manufacturing and distribution of solar panels. It also offers solar installation design and project management services. Headquartered in Newark, New Jersey, Genie Energy was founded in 2011 and has established itself as a key player in the transition to renewable energy solutions. Web URL: https://genie.com

The companys strategic focus on renewable energy aligns with global trends toward decarbonization and sustainability. Genie Energys GRE segment specializes in sourcing and supplying energy, while Genie Renewables concentrates on developing clean energy infrastructure. This dual approach allows the company to balance traditional energy supply with innovative renewable solutions, positioning it to capitalize on growing demand for solar energy. Its community solar initiatives, in particular, enable residential and small business customers to access renewable energy without the need for on-site installations.

From a technical perspective, GNEs stock has shown stability with a 20-day average volume of 55,890 shares. The stock is currently trading at $14.33, slightly below its 20-day SMA of $14.34 but closer to its 50-day SMA of $14.58. The 200-day SMA stands at $15.40, indicating a slight downtrend over the longer term. The Average True Range (ATR) of 0.37 suggests moderate volatility. Fundamental analysis highlights a market cap of $388.41 million, with a price-to-earnings (P/E) ratio of 178.50, reflecting elevated valuations relative to earnings. The forward P/E is currently undefined, while the price-to-book (P/B) ratio of 1.85 indicates that the stock is trading at a modest premium to its book value. The price-to-sales (P/S) ratio of 0.91 suggests reasonable valuation relative to revenue, and the return on equity (RoE) of 1.62% points to moderate profitability.

Over the next three months, technical indicators suggest that GNEs stock price may face resistance near the 200-day SMA of $15.40, with potential support at the 50-day SMA of $14.58. The ATR of 0.37 implies that price fluctuations are likely to remain contained within a $14.00-$15.00 range. On the fundamental side, the companys focus on renewable energy projects and community solar solutions positions it well to benefit from increasing demand for clean energy. However, the high P/E ratio of 178.50 suggests that investor expectations for future growth may be elevated, which could lead to volatility if earnings fail to meet projections.