Eos Energy Enterprises Inc (EOSE) is expecting 38.91% growth in the next quarter: What can investors do to maximize their returns?

On Monday, Eos Energy Enterprises Inc (NASDAQ: EOSE) opened higher 3.43% from the last session, before settling in for the closing price of $3.21. Price fluctuations for EOSE have ranged from $0.61 to $3.66 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Industrials Sector giant was 556.22%. Company’s average yearly earnings per share was noted -30.18% at the time writing. With a float of $211.54 million, this company’s outstanding shares have now reached $217.28 million.

Let’s determine the extent of company efficiency that accounts 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 Activity

A key investor’s attitude towards the stock of the Electrical Equipment & Parts industry is another important factor to consider. The insider ownership of Eos Energy Enterprises Inc is 2.92%, while institutional ownership is 32.56%. 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

According to the Wall Street analysts, stocks earnings will be around -30.18% per share during the next fiscal year.

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

Check out the current performance indicators for Eos Energy Enterprises Inc (EOSE). In the past 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 50.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.46, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.38 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 9.29 million, which is a jump from its year-to-date volume of 6.82 million. As of the previous 9 days, the stock’s Stochastic %D was 72.97%. 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 84.99%, which indicates a significant decrease from 90.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.78% in the past 14 days, which was lower than the 104.70% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.93, while its 200-day Moving Average is $1.78. However, in the short run, Eos Energy Enterprises Inc’s stock first resistance to watch stands at $3.42. Second resistance stands at $3.52. The third major resistance level sits at $3.62. If the price goes on to break the first support level at $3.22, it is likely to go to the next support level at $3.12. Should the price break the second support level, the third support level stands at $3.02.

Eos Energy Enterprises Inc (NASDAQ: EOSE) Key Stats

There are currently 217,912K shares outstanding in the company with a market cap of 756.46 million. Presently, the company’s annual sales total 16,380 K according to its annual income of -229,510 K. Last quarter, the company’s sales amounted to 850 K and its income totaled -342,870 K.