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NEW PORT RICHEY, Fla. - Zeo Energy Corp. (NASDAQ:ZEO), a Florida-based provider of residential solar and energy efficiency solutions, has been added to the Russell Microcap Index as part of the 2025 Russell US Indexes annual reconstitution, effective Monday. The company, currently valued at $148.9 million in market capitalization, has demonstrated impressive gross profit margins of 53.4% despite challenging market conditions. According to InvestingPro analysis, the stock appears to be overvalued at current levels, with several key metrics suggesting cautious positioning.
The Russell Microcap Index, which is reconstituted annually, captures the smallest 1,000 securities in the small-cap Russell 2000 Index, plus the next 1,000 smallest eligible securities based on market capitalization rankings.
"Zeo’s inclusion in the Russell Microcap Index marks an important milestone in our nascent journey as a public company," said CEO Tim Bridgewater in a press release statement.
Membership in the index remains in place for one year and includes automatic inclusion in appropriate growth and value style indexes. FTSE Russell determines membership primarily through objective market capitalization rankings and style attributes.
Russell indexes serve as benchmarks for approximately $10.6 trillion in assets as of June 2024, according to the company’s announcement. These indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
Zeo Energy, through its Sunergy business, provides residential solar, distributed energy, and energy efficiency solutions in Florida and other regional markets.
The Russell US Indexes reconstitution captured the 4,000 largest US stocks as of April 30, ranking them by total market capitalization to create the new index composition.
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