SPI Energy Co Ltd (SPI, Financial) saw a significant stock price increase of 7.32%, reaching $0.440 per share with a trading volume of 389,913 shares and a turnover rate of 1.23%. The company's recent financial report revealed a revenue of $55.90 million, a net loss of $1.90 million, and an earnings per share (EPS) of -$0.06. The gross profit was $7.50 million, and the price-to-earnings ratio stood at -0.47. Currently, there are no institutional ratings available for SPI.
The solar industry, where SPI operates, experienced an overall gain of 3.66%. Notable performers in the sector included Complete Solaria Inc, Solaredge Technologies, Inc., and Vast Renewables Limited, all showing significant gains. Active stocks in the sector included Solaredge Technologies, Inc., Sunnova Energy International Inc., and Ascent Solar Technologies, Inc., with turnover rates of 10.48%, 4.91%, and 3.49%, respectively. Stocks with substantial volatility included Zeo Energy Corporation, Complete Solaria Inc, and Turbo Energy S A, with amplitudes of 27.66%, 23.53%, and 11.44%, respectively.
SPI Energy Co Ltd provides photovoltaic solutions for commercial, residential, governmental, and utility clients. It offers engineering, procurement, and construction services for third-party developers and engages in the development, manufacturing, and marketing of various photovoltaic components. The company sources components from independent suppliers and collaborates with third-party EPC contractors for logistics, installation, construction, and supervision. SPI's operations span the UK, Australia, the US, Greece, Japan, and Italy, with most revenue generated from Australia.
