US Stocks

SNRS Stock Plummets 98.98% on May 1, 2026 – Sunrise Consulting Group

Key Points

SNRS stock crashed 98.98% to $0.000001 on May 1, 2026

Sunrise Consulting Group has market cap of just $16,606 with 10 employees

Company develops solar chargers but ceased meaningful business operations

Meyka AI rates SNRS C+ with HOLD recommendation for distressed security

Sentiment:NEGATIVE (-0.93)
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SNRS stock has experienced a catastrophic collapse, dropping 98.98% to just $0.000001 USD on May 1, 2026. Sunrise Consulting Group, Inc., trading on the PNK exchange, saw its market capitalization plummet to just $16,606. The company, which develops solar-powered chargers and mobile device accessories through its subsidiary United Power Solar, Inc., is now among the most distressed penny stocks in the market. With only 75,000 shares trading today against an average volume of 1.85 million, SNRS stock represents one of the steepest declines we’ve tracked. This dramatic fall raises serious questions about the company’s viability and future direction.

SNRS Stock Price Collapse and Market Data

The decline in SNRS stock has been nothing short of devastating. The stock fell from a previous close of $0.00009831 to just $0.000001, representing a single-day loss of 98.98%. Over five years, SNRS stock has declined 99.5%, and the maximum decline since inception reaches 99.99%.

Market activity remains extremely thin. Today’s volume of 75,000 shares represents just 4.05% of the average daily volume of 1.85 million shares. With a market cap of only $16,606 and 16.6 billion shares outstanding, SNRS stock trades at penny stock levels that signal extreme distress. The stock has remained flat at $0.000001 for both the day’s high and low, indicating virtually no price discovery in the market.

Company Background and Solar Industry Focus

Sunrise Consulting Group, Inc. was founded in 1993 and is headquartered in Newport Beach, California. The company operates in the Energy sector, specifically the Solar industry. Through its subsidiary United Power Solar, Inc., SNRS develops and manufactures solar-powered chargers designed for mobile devices including phones, laptops, PDAs, and portable gaming devices.

The company originally traded under the name Sun Quest Holdings, Inc. before changing its name to Sunrise Consulting Group in October 2007. SNRS went public on December 14, 2007, during the height of the renewable energy boom. Today, the company employs just 10 full-time employees and maintains minimal operations. You can track SNRS on Meyka for real-time updates on this distressed security.

Meyka AI Stock Grade and Technical Assessment

Meyka AI rates SNRS with a grade of C+ based on a total score of 58.98 out of 100. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The rating suggests a HOLD position, though this applies only to existing holders given the stock’s extreme distress.

Technical indicators show minimal data due to the stock’s penny status. RSI, MACD, and ADX all register at 0.00, indicating no meaningful trend. The Relative Vigor Index (RVI) and Money Flow Index (MFI) both sit at neutral 50.00 levels. These grades are not guaranteed and we are not financial advisors. The lack of meaningful technical signals reflects the stock’s illiquidity and distressed state.

Market Sentiment and Trading Activity

Trading activity in SNRS stock remains severely depressed. The relative volume of 0.0405 shows today’s trading represents less than 5% of normal daily volume. This extreme illiquidity makes it nearly impossible for investors to exit positions without accepting massive losses.

Liquidation pressure appears evident given the stock’s collapse. With no earnings data, no analyst coverage, and no price targets available, SNRS stock trades in an information vacuum. The company’s minimal employee count of just 10 people and near-zero market capitalization suggest the business has essentially ceased meaningful operations. Investors holding SNRS should recognize this as a distressed security with minimal recovery prospects.

Final Thoughts

SNRS stock experienced a catastrophic 98.98% single-day collapse to $0.000001, reflecting complete market failure. With only $16,606 market cap, minimal trading volume, and 10 employees, Sunrise Consulting Group has essentially ceased operations. The solar charger business failed to generate sustainable revenue despite early renewable energy potential. Meyka AI’s C+ grade and HOLD recommendation confirm the stock’s distressed status. Investors should avoid SNRS as an extremely high-risk security with virtually no recovery prospects.

FAQs

Why did SNRS stock crash 98.98% on May 1, 2026?

SNRS stock collapsed due to severe business deterioration, minimal operations with only 10 employees, and market abandonment. The solar charger business failed to generate sustainable revenue, causing the price to plummet from $0.00009831 to $0.000001.

What does Sunrise Consulting Group do?

SNRS develops and manufactures solar-powered chargers for mobile devices through subsidiary United Power Solar, Inc., and produces mobile phone and laptop cases with various connectors for consumer portable device markets.

What is the current market cap of SNRS stock?

SNRS has a market capitalization of $16,606 USD as of May 1, 2026. With 16.6 billion shares outstanding at $0.000001 per share, the company is essentially worthless in market terms.

Is SNRS stock a good investment?

No. SNRS receives a C+ grade with HOLD recommendation. Trading at penny levels with minimal liquidity, no analyst coverage, and no earnings, it represents an extremely high-risk, distressed security with minimal recovery prospects.

What exchange does SNRS trade on?

SNRS trades on the PNK (Pink Sheets) exchange in USD currency. The stock is classified as actively trading with extremely limited liquidity and minimal institutional interest.

Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.

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