SUNation Energy (NASDAQ:SUNE) Shares Set to Reverse Split on Monday, April 21st

SUNation Energy Inc. (NASDAQ:SUNE)’s stock is set to reverse split before the market opens on Monday, April 21st. The 1-200 reverse split was announced on Wednesday, April 16th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, April 18th.

SUNation Energy Stock Down 52.2 %

Shares of NASDAQ:SUNE opened at $0.02 on Thursday. The firm has a 50 day moving average price of $0.53. SUNation Energy has a 52-week low of $0.01 and a 52-week high of $313.50. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.47 and a quick ratio of 0.36.

SUNation Energy Company Profile

SUNation Energy Inc is focused on local and regional solar, storage and energy services companies. Its portfolio of brands provides homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage and grid services. SUNation Energy Inc, formerly known as Pineapple Energy, is based in RONKONKOMA, N.Y.