A new trading day began on Friday, with Eos Energy Enterprises Inc (NASDAQ: EOSE) stock price up 1.29% from the previous day of trading, before settling in for the closing price of $3.11. EOSE’s price has ranged from $0.61 to $3.66 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 556.22% over the last five years. Meanwhile, its annual earnings per share averaged 55.39%. With a float of $210.36 million, this company’s outstanding shares have now reached $216.71 million.
The firm has a total of 420 workers. Let’s measure their productivity. In terms of profitability, gross margin is -535.18%, operating margin of -694.48%, and the pretax margin is -683.46%.
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 2.93%, while institutional ownership is 32.40%. The most recent insider transaction that took place on Sep 12 ’24, was worth 349,054. In this transaction Director of this company sold 132,720 shares at a rate of $2.63, taking the stock ownership to the 7,999 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Director sold 30,000 for $2.62, making the entire transaction worth $78,600. This insider now owns 84,929 shares in total.
Eos Energy Enterprises Inc (EOSE) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.11 per share, which was $0.1 higher 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). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 55.39% 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 2.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 46.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.74, a number that is poised to hit -0.21 in the next quarter and is forecasted to reach -0.30 in one year’s time.
Technical Analysis of Eos Energy Enterprises Inc (EOSE)
Analysing the last 5-days average volume posted by the [Eos Energy Enterprises Inc, EOSE], we can find that recorded value of 6.53 million was lower than the volume posted last year of 6.71 million. As of the previous 9 days, the stock’s Stochastic %D was 43.17%. Additionally, its Average True Range was 0.27.
During the past 100 days, Eos Energy Enterprises Inc’s (EOSE) raw stochastic average was set at 82.53%, which indicates a significant increase from 32.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.73% in the past 14 days, which was lower than the 117.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.83, while its 200-day Moving Average is $1.58. Now, the first resistance to watch is $3.39. This is followed by the second major resistance level at $3.63. The third major resistance level sits at $3.76. If the price goes on to break the first support level at $3.02, it is likely to go to the next support level at $2.89. Should the price break the second support level, the third support level stands at $2.65.
Eos Energy Enterprises Inc (NASDAQ: EOSE) Key Stats
With a market capitalization of 691.41 million, the company has a total of 216,708K Shares Outstanding. Currently, annual sales are 16,380 K while annual income is -229,510 K. The company’s previous quarter sales were 900 K while its latest quarter income was -28,170 K.
