Spain capital

TheStreet lowers the capital of Ellomay (NYSEAMERICAN:ELLO) to D


TheStreet cut shares of Ellomay Capital (NYSEAMERICAN:ELLO – Get Note) from a c- to an advertising rating in a research note released Friday to investors, TheStreetRatingsTable reports.

Shares of NYSEAMERICAN:ELLO opened at $25.80 on Friday. Ellomay Capital has a 52-week low of $23.25 and a 52-week high of $34.60. The company has a market capitalization of $326.42 million, a P/E ratio of -17.43 and a beta of 1.20. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt ratio of 1.94.

Ellomay Capital (NYSEAMERICAN:ELLO – Get Rating) last announced its results on Thursday, March 31. The utility provider reported ($0.75) earnings per share (EPS) for the quarter. Ellomay Capital had a negative return on equity of 17.55% and a negative net margin of 47.31%. The company had revenue of $13.60 million in the quarter.

About Ellomay Capital (Get a rating)

Ellomay Capital Ltd., together with its subsidiaries, engages in the production of renewable and clean energy in Israel, Spain and the Netherlands. The Company has six photovoltaic (PV) power plants comprising four photovoltaic power plants in Spain with a total installed capacity of approximately 7.9 megawatts (MW); a photovoltaic plant with a peak capacity of 300 MW in the municipality of Talaván, Spain; and a photovoltaic plant in Israel with an installed capacity of approximately 9 MW.

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