Eos Energy Enterprises Inc (NASDAQ: EOSE) on Monday, plunged -0.56% from the previous trading day, before settling in for the closing price of $1.80. Within the past 52 weeks, EOSE’s price has moved between $0.61 and $4.81.
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Annual sales at Industrials sector company grew by 556.22% over the past five years. The company achieved an average annual earnings per share of 54.59%. With a float of $211.08 million, this company’s outstanding shares have now reached $216.49 million.
Let’s look at the performance matrix of the company that is accounted for 420 employees.
Eos Energy Enterprises Inc (EOSE) Insider and Institutional Ownership
Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of Eos Energy Enterprises Inc is 2.50%, while institutional ownership is 43.65%. The most recent insider transaction that took place on Mar 08 ’24, was worth 5,638. In this transaction Director of this company bought 5,000 shares at a rate of $1.13, taking the stock ownership to the 10,000 shares. Before that another transaction happened on Sep 21 ’23, when Company’s Chief Executive Officer bought 36,500 for $2.05, making the entire transaction worth $74,810. This insider now owns 590,799 shares in total.
Eos Energy Enterprises Inc (EOSE) Latest Financial update
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported -1.12 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.37) by -0.75. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.59% per share during the next fiscal year.
Eos Energy Enterprises Inc (NASDAQ: EOSE) Trading Performance Indicators
Eos Energy Enterprises Inc (EOSE) is currently performing well based on its current performance indicators. A quick ratio of 1.02 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 27.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.61, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.32 in one year’s time.
Technical Analysis of Eos Energy Enterprises Inc (EOSE)
Eos Energy Enterprises Inc (NASDAQ: EOSE) saw its 5-day average volume 6.7 million, a positive change from its year-to-date volume of 6.67 million. As of the previous 9 days, the stock’s Stochastic %D was 25.14%. Additionally, its Average True Range was 0.19.
During the past 100 days, Eos Energy Enterprises Inc’s (EOSE) raw stochastic average was set at 65.56%, which indicates a significant increase from 18.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.47% in the past 14 days, which was lower than the 104.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2568, while its 200-day Moving Average is $1.1432. Nevertheless, the first resistance level for the watch stands at $1.8367 in the near term. At $1.8833, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9367. If the price goes on to break the first support level at $1.7367, it is likely to go to the next support level at $1.6833. The third support level lies at $1.6367 if the price breaches the second support level.
Eos Energy Enterprises Inc (NASDAQ: EOSE) Key Stats
Market capitalization of the company is 387.52 million based on 208,128K outstanding shares. Right now, sales total 16,380 K and income totals -229,510 K. The company made 6,600 K in profit during its latest quarter, and -46,710 K in sales during its previous quarter.
