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eEnergy Group Announces Board Change as John Hornby Steps Down

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eEnergy Group Announces Board Change as John Hornby Steps Down

TipRanks Black Friday Sale

eEnergy Group ( (GB:EAAS) ) just unveiled an announcement.

eEnergy Group plc announced the resignation of John Hornby from his role as Non-Executive Director, as he steps down to focus on his CEO role at Luceco plc. The company is actively seeking a replacement and will update stakeholders in due course. This change in the board is part of eEnergy’s ongoing efforts to maintain strong leadership as it continues to lead in the energy services sector, particularly in education, where it has made significant strides in decarbonization and cost savings.

The most recent analyst rating on (GB:EAAS) stock is a Sell with a £4.00 price target. To see the full list of analyst forecasts on eEnergy Group stock, see the GB:EAAS Stock Forecast page.

Spark’s Take on GB:EAAS Stock

According to Spark, TipRanks’ AI Analyst, GB:EAAS is a Underperform.

eEnergy Group’s overall stock score is primarily impacted by its poor financial performance and valuation. The company faces significant financial challenges with persistent losses and high leverage. Technical analysis indicates bearish momentum, further weighing on the stock’s outlook. The lack of earnings call data and corporate events leaves these areas unaddressed.

To see Spark’s full report on GB:EAAS stock, click here.

More about eEnergy Group

eEnergy Group plc is a leading digital energy services provider focused on achieving Net Zero for B2B and public sector organizations. The company offers solutions such as LED lighting, solar PV installations, and EV charging management, all designed to eliminate barriers to clean energy generation and reduce energy waste without requiring upfront capital investment. eEnergy is particularly prominent in the education sector, having completed over 1,100 decarbonization projects and saving the sector significant energy costs.

Average Trading Volume: 2,519,243

Technical Sentiment Signal: Strong Sell

Current Market Cap: £17.81M

See more insights into EAAS stock on TipRanks’ Stock Analysis page.

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