ESS Tech Inc (NYSE: GWH) started the day on Thursday, with a price increase of 7.94% at $0.85, before settling in for the price of $0.78 at the close. Taking a more long-term approach, GWH posted a 52-week range of $0.61-$2.12.
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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 247.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 19.40%. This publicly-traded company’s shares outstanding now amounts to $174.21 million, simultaneously with a float of $58.34 million. The organization now has a market capitalization sitting at $148.11 million. At the time of writing, stock’s 50-day Moving Average stood at $0.7498, while the 200-day Moving Average is $1.1760.
ESS Tech Inc (GWH) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Electrical Equipment & Parts Industry. ESS Tech Inc’s current insider ownership accounts for 66.64%, in contrast to 14.90% institutional ownership. According to the most recent insider trade that took place on May 09 ’24, this organization’s Director bought 42,690 shares at the rate of 0.84, making the entire transaction reach 35,817 in total value, affecting insider ownership by 366,146. Preceding that transaction, on Mar 15 ’24, Company’s Director bought 2,500 for 0.73, making the whole transaction’s value amount to 1,814. This particular insider is now the holder of 147,873 in total.
ESS Tech Inc (GWH) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/31/2024, the organization reported -0.15 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -0.15) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
ESS Tech Inc’s EPS increase for this current 12-month fiscal period is 19.40% and is forecasted to reach -0.27 in the upcoming year.
ESS Tech Inc (NYSE: GWH) Trading Performance Indicators
Let’s observe the current performance indicators for ESS Tech Inc (GWH). It’s Quick Ratio in the last reported quarter now stands at 4.78. The Stock has managed to achieve an average true range (ATR) of 0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 14.95.
In the same vein, GWH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.45, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be -0.27 at the market close of one year from today.
Technical Analysis of ESS Tech Inc (GWH)
If we take a close look at the recent performances of ESS Tech Inc (NYSE: GWH), its last 5-days Average volume was 0.91 million that shows progress from its year to date volume of 0.88 million. During the previous 9 days, stock’s Stochastic %D was recorded 64.52% While, its Average True Range was 0.0679.
Raw Stochastic average of ESS Tech Inc (GWH) in the period of the previous 100 days is set at 32.34%, which indicates a major fall in contrast to 65.48% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 93.17% that was higher than 79.18% volatility it exhibited in the past 100-days period.
