A new trading day began on May 22, 2023, with Eos Energy Enterprises Inc. (NASDAQ: EOSE) stock priced at $2.24, down -4.52% from the previous day of trading. During the day, the shares moved up to $2.24 and dropped to $2.05 before settling in for the closing price of $2.21. EOSE’s price has ranged from $0.95 to $3.40 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -56.00%. With a float of $65.18 million, this company’s outstanding shares have now reached $86.80 million.
Let’s determine the extent of company efficiency that accounts for 333 employees. In terms of profitability, gross margin is -755.05, operating margin of -1196.32, and the pretax margin is -1281.87.
Eos Energy Enterprises Inc. (EOSE) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Eos Energy Enterprises Inc. is 0.80%, while institutional ownership is 33.70%. The most recent insider transaction that took place on Nov 10, was worth 99,166. In this transaction Director of this company bought 79,850 shares at a rate of $1.24, taking the stock ownership to the 160,310 shares. Before that another transaction happened on Nov 10, when Company’s Chief Executive Officer bought 65,000 for $1.15, making the entire transaction worth $74,744. This insider now owns 403,727 shares in total.
Eos Energy Enterprises Inc. (EOSE) Earnings and Forecasts
In its latest quarterly report, released on 3/30/2023, the company reported earnings of -$0.82 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -1282.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -56.00% per share during the next fiscal year.
Eos Energy Enterprises Inc. (NASDAQ: EOSE) Trading Performance Indicators
Here are Eos Energy Enterprises Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.70, a number that is poised to hit -0.47 in the next quarter and is forecasted to reach -0.79 in one year’s time.
Technical Analysis of Eos Energy Enterprises Inc. (EOSE)
Looking closely at Eos Energy Enterprises Inc. (NASDAQ: EOSE), its last 5-days average volume was 8.26 million, which is a jump from its year-to-date volume of 3.9 million. As of the previous 9 days, the stock’s Stochastic %D was 55.29%. Additionally, its Average True Range was 0.28.
During the past 100 days, Eos Energy Enterprises Inc.’s (EOSE) raw stochastic average was set at 47.09%, which indicates a significant decrease from 59.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 122.96% in the past 14 days, which was lower than the 131.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.25, while its 200-day Moving Average is $1.77. However, in the short run, Eos Energy Enterprises Inc.’s stock first resistance to watch stands at $2.22. Second resistance stands at $2.32. The third major resistance level sits at $2.41. If the price goes on to break the first support level at $2.03, it is likely to go to the next support level at $1.94. Should the price break the second support level, the third support level stands at $1.84.
Eos Energy Enterprises Inc. (NASDAQ: EOSE) Key Stats
With a market capitalization of 256.64 million, the company has a total of 115,849K Shares Outstanding. Currently, annual sales are 17,920 K while annual income is -229,810 K. The company’s previous quarter sales were 8,840 K while its latest quarter income was -71,600 K.
