9.96% volatility in Eos Energy Enterprises Inc (EOSE) last month: This is a red flag warning

On Monday, Eos Energy Enterprises Inc (NASDAQ: EOSE) was 3.33% up from the session before settling in for the closing price of $2.70. A 52-week range for EOSE has been $0.61 – $3.66.

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Annual sales at Industrials sector company grew by 556.22% over the past five years. When this article was written, the company’s average yearly earnings per share was at -29.25%. With a float of $211.54 million, this company’s outstanding shares have now reached $217.91 million.

Let’s look at the performance matrix of the company that is accounted for 420 employees. In terms of profitability, gross margin is -558.05%, operating margin of -1121.52%, and the pretax margin is -3067.11%.

Eos Energy Enterprises Inc (EOSE) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Eos Energy Enterprises Inc stocks. The insider ownership of Eos Energy Enterprises Inc is 2.92%, while institutional ownership is 32.55%. 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) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.42 earnings per share (EPS) during the time that was less than consensus figure (set at -0.18) by -0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -29.25% per share during the next fiscal year.

Eos Energy Enterprises Inc (NASDAQ: EOSE) Trading Performance Indicators

You can see what Eos Energy Enterprises Inc (EOSE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 43.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.46, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.37 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 6.25 million, a negative change from its year-to-date volume of 6.81 million. As of the previous 9 days, the stock’s Stochastic %D was 89.20%. Additionally, its Average True Range was 0.26.

During the past 100 days, Eos Energy Enterprises Inc’s (EOSE) raw stochastic average was set at 61.59%, which indicates a significant decrease from 90.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 123.84% in the past 14 days, which was higher than the 107.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.85, while its 200-day Moving Average is $1.69. Nevertheless, the first resistance level for the watch stands at $2.90 in the near term. At $3.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.16. If the price goes on to break the first support level at $2.64, it is likely to go to the next support level at $2.48. Assuming the price breaks the second support level, the third support level stands at $2.38.

Eos Energy Enterprises Inc (NASDAQ: EOSE) Key Stats

There are 217,912K outstanding shares of the company, which has a market capitalization of 653.99 million. As of now, sales total 16,380 K while income totals -229,510 K. Its latest quarter income was 850 K while its last quarter net income were -342,870 K.