Following The Money: Institution’s Growing Stake In Eos Energy Enterprises Inc (NASDAQ: EOSE)

Eos Energy Enterprises Inc (EOSE) concluded trading on Thursday at a closing price of $2.70, with 3.86 million shares of worth about $10.43 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 268.75% during that period and on November 28, 2024 the price saw a gain of about 0.75%. Currently the company’s common shares owned by public are about 217.91M shares, out of which, 211.54M shares are available for trading.

Stock saw a price change of 18.42% in past 5 days and over the past one month there was a price change of -21.74%. Year-to-date (YTD), EOSE shares are showing a performance of 147.71% which increased to 164.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.61 but also hit the highest price of $3.66 during that period. The average intraday trading volume for Eos Energy Enterprises Inc shares is 7.10 million. The stock is currently trading 3.71% above its 20-day simple moving average (SMA20), while that difference is down -5.51% for SMA50 and it goes to 58.44% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Eos Energy Enterprises Inc (NASDAQ: EOSE) currently have 217.91M outstanding shares and institutions hold larger chunk of about 32.55% of that.

The stock has a current market capitalization of $592.75M and its 3Y-monthly beta is at 2.29. It has posted earnings per share of -$2.46 in the same period. It has Quick Ratio of 1.52. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EOSE, volatility over the week remained 10.45% while standing at 9.98% over the month.

Stock’s fiscal year EPS is expected to drop by -29.25% while it is estimated to increase by 84.38% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on August 21, 2024 offering a Buy rating for the stock and assigned a target price of $6 to it. On September 01, 2023, Guggenheim Upgrade their recommendations, while on June 30, 2023, B. Riley Securities Downgrade their ratings for the stock with a price target of $4. Stock get a Market perform rating from TD Cowen on June 02, 2023.

Most Popular

Related Posts