Triple Point Energy Transition (LON:TENT) Stock Price Up 0.7% – Should You Buy?

Shares of Triple Point Energy Transition (LON:TENT) shot up 0.7% during mid-day trading on Thursday . The company traded as high as GBX 45.30 ($0.56) and last traded at GBX 45.30 ($0.56). 3,849,439 shares traded hands during mid-day trading, an increase of 344% from the average session volume of 866,455 shares. The stock had previously closed at GBX 45 ($0.56).

Triple Point Energy Transition Trading Down 0.6 %

The firm has a market cap of £44.90 million, a PE ratio of -641.43 and a beta of 0.27. The firm has a 50 day moving average price of GBX 45.06 and a 200-day moving average price of GBX 53.07.

Triple Point Energy Transition (LON:TENT) last posted its quarterly earnings results on Monday, December 23rd. The company reported GBX 0.36 ($0.00) EPS for the quarter.

About Triple Point Energy Transition

Triple Point Energy Transition plc invests holistically across the energy sector focusing on three thematic areas:

Generation of energy – ensuring less energy loss by investing in lower carbon energy generation closer to where it is consumed.

Storage and distribution of energy – stabilising the grid and managing the imbalance of generation and consumption by funding energy storage solutions.

Reducing demand for energy – maximising energy efficiency by providing the same output in a more efficient way either through energy efficiency measures or producing energy onsite.

By investing across these three areas TENT is accelerating the transition towards a lower carbon, more resilient and efficient energy system.