Powerhouse Energy Group Enhances Financial Advisory Team

The latest announcement is out from Powerhouse Energy ( (GB:PHE) ).

Powerhouse Energy Group PLC has appointed Longspur Capital Limited as its Financial Adviser and Joint Broker, while Strand Hanson will continue as the Nominated and Financial Adviser and also become a Joint Broker. This strategic move is expected to enhance Powerhouse’s financial advisory capabilities, potentially strengthening its market position and operational efficiency in the clean energy sector.

The most recent analyst rating on (GB:PHE) stock is a Sell with a £0.50 price target. To see the full list of analyst forecasts on Powerhouse Energy stock, see the GB:PHE Stock Forecast page.

Spark’s Take on GB:PHE Stock

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

Powerhouse Energy’s overall stock score is primarily impacted by its poor financial performance and weak technical indicators. The company’s negative profitability and bearish market momentum are significant concerns. Valuation metrics further highlight the stock’s challenges, with a negative P/E ratio and no dividend yield.

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

More about Powerhouse Energy

Powerhouse Energy Group PLC is a company specializing in integrated technology that converts non-recyclable waste into low carbon energy. They have developed a process technology that efficiently transforms waste plastic, end-of-life tyres, and other waste streams into syngas, which can be used to produce valuable products such as hydrogen, electricity, and chemical precursors. The company also operates Engsolve Ltd, a revenue-generating engineering consulting division offering services across various sectors, particularly in new technologies and clean energy.

Average Trading Volume: 6,344,821

Technical Sentiment Signal: Sell

Current Market Cap: £22.13M

For a thorough assessment of PHE stock, go to TipRanks’ Stock Analysis page.