Alternus Clean Energy Inc (ALCE)
$
0.04
+0.01 (25.00%)
Key metrics
Financial statements
Free cash flow per share
0.0026
Market cap
2.1 Million
Price to sales ratio
0.0916
Debt to equity
-0.0147
Current ratio
0.3374
Income quality
-0.2910
Average inventory
0
ROE
0.9447
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Alternus Energy Group Plc operates as an international vertically integrated independent power producer, specializing in the ownership, development, installation, and operation of midsized utility-scale solar parks. Incorporated in 2019 and headquartered in Dublin, Ireland, the company reflects its financial health through several key metrics. The income before tax ratio is -2.67 reflecting the pre-tax margin. The cost of revenue for the company is $4,468,000.00 showcasing its production and operational expenses, which are critical for maintaining and expanding its operations. Furthermore, the operating expenses amount to $21,184,000.00 encompassing various operational costs incurred during the course of business. The company recorded an operating income of -$5,568,000.00 reflecting its earnings from core operations, which underscores its operational efficiency and market positioning. However, the company incurred an interest expense of $18,562,000.00 reflecting its debt servicing obligations, which is an important consideration for its profitability and financial strategy. The stock is affordable at $0.04 suitable for budget-conscious investors looking to enter the market. Despite its affordability, the stock has a low average trading volume of 1,217,694.00 indicating lower market activity, which may influence liquidity for potential investors. With a market capitalization of $352,466.00 the company is classified as a small-cap player, suggesting it can be more volatile but also affords growth potential. It is a key player in the Renewable Utilities industry, contributing significantly to the overall market landscape and positioning itself as a noteworthy entity amid competitors. Additionally, it belongs to the Utilities sector, driving innovation and growth, which may appeal to investors seeking to engage with forward-thinking companies in renewable energy. The strategic initiatives of Alternus Energy Group Plc reflect a commitment to sustainability and the expansion of solar energy, which aligns well with current global energy trends and investor interests.
Investing in Alternus Clean Energy Inc (ALCE) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C, with a Bearish outlook. Always conduct your own research before investing.
Analysts predict Alternus Clean Energy Inc stock to fluctuate between $0.02 (low) and $15.25 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-05-19, Alternus Clean Energy Inc's market cap is $352,466, based on 9,399,080 outstanding shares.
Compared to Meta Platforms, Inc. Class A Common Stock, Alternus Clean Energy Inc has a Lower Market-Cap, indicating a difference in performance.
To buy Alternus Clean Energy Inc (ALCE) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for ALCE. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Alternus Clean Energy Inc's last stock split was 1:25 on 2024-10-11.
Revenue: $20,084,000 | EPS: -$1.20 | Growth: 93.55%.
Visit https://alternusenergy.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $62.75 (2023-12-26) | All-time low: $0.02 (2025-02-26).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
proactiveinvestors.com
2 months ago
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) said it currently has open client orders of nearly $6 million under its ongoing strategic partnership with Hover Energy. The companies, which formed their partnership in August 2024, focus on next-generation microgrid solutions for data centers and corporate clients.
newsfilecorp.com
4 months ago
New York, New York--(Newsfile Corp. - January 27, 2025) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus"), a global provider of international renewable energy solutions, today announced that it will participate at The Microcap Conference 2025, a premier event for growth-focused companies and investors. The conference will take place January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ.
newsfilecorp.com
4 months ago
New York, New York--(Newsfile Corp. - January 24, 2025) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("ALCE", "Alternus" or the "Company") a renewable energy company, today announced the closing of its previously announced private placement of $2.25 million pursuant to the terms of a securities purchase agreement, dated January 21, 2025, with several institutional investors (the "Purchasers"). The offering was in the form of an Unsecured 20% Original Issue Discount Promissory Note (the "Note"), resulting in proceeds (before expenses) to Alternus of approximately $2.25 million (out of the total $2.81 million offering size).
proactiveinvestors.com
4 months ago
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) has announced the pricing of a $2.25 million private placement with institutional investors. The offering, structured as an Unsecured 20% Original Issue Discount Promissory Note, is set to close on or about January 23, 2025.
newsfilecorp.com
4 months ago
New York, New York--(Newsfile Corp. - January 22, 2025) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("ALCE", "Alternus" or the "Company") a renewable energy company, today announced the pricing of an approximately $2.25 million private placement round pursuant to the terms of a securities purchase agreement, dated January 21, 2025, with several institutional investors (the "Purchasers"). The closing of the current private placement round is expected to occur on or about January 23, 2025, subject to the satisfaction of customary closing conditions.
proactiveinvestors.com
4 months ago
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) CEO Vincent Browne joined Proactive and shared insights into the company's recent achievements and its vision for the new year. He highlighted recent news about achieving full permitting for the first of 11 solar projects in Italy, a key focus market for Alternus since 2017.
newsfilecorp.com
5 months ago
New York, New York--(Newsfile Corp. - January 16, 2025) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus"), a global provider of international renewable energy solutions, today announced that Vincent Browne, CEO of Alternus, participated in a video interview with Proactiveinvestors.com. During the interview, Mr.
proactiveinvestors.com
5 months ago
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) has secured full permitting for the first of 11 planned solar projects in Italy, paving the way for construction to begin in the coming months. Construction is scheduled to start in the second quarter of this year as a result, renewable energy firm Alternus announced on Wednesday.
newsfilecorp.com
5 months ago
Upon completion, the 18MW project is expected to generate approximately $2 million annually in recurring revenues. New York, New York--(Newsfile Corp. - January 8, 2025) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("ALCE", "Alternus" or the "Company") a renewable energy company, today announced that construction on the first of its eleven solar projects in Italy is scheduled to commence in Q2 2025.
proactiveinvestors.com
6 months ago
Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) has completed its acquisition of LiiON, LLC, a US-based leader in advanced energy storage solutions, in a move CEO Vincent Browne says will significantly enhance the company's position as a comprehensive energy provider. "Completing this acquisition is a significant step forward for Alternus as we execute our strategy to become a comprehensive energy provider, encompassing utility-scale solar, clean energy microgrids, and other clean technologies,” Browne said in a statement.
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