Shares of Spi Energy Co Ltd (NASDAQ:SPI) fell 5.8% on Monday . The stock traded as low as $2.72 and last traded at $2.90. 502,854 shares changed hands during trading, an increase of 16% from the average session volume of 434,481 shares. The stock had previously closed at $3.08.
The company has a debt-to-equity ratio of 286.77, a quick ratio of 0.37 and a current ratio of 0.44.
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SPI Energy Co, Ltd. provides photovoltaic solutions for business, residential, government, and utility customers and investors. It offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies. The company also develops, owns, and operates solar projects that sell electricity to power companies and other electricity off-takers.
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