Eos Energy Enterprises Inc (NASDAQ: EOSE) is 123.85% higher on its value in year-to-date trading and has touched a low of $0.61 and a high of $4.18 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EOSE stock was last observed hovering at around $2.46 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $2.44, the stock is 19.04% and 29.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.42 million and changing -0.81% at the moment leaves the stock 105.14% off its SMA200. EOSE registered -36.62% loss for a year compared to 6-month gain of 125.93%.
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The stock witnessed a 36.31% loss in the last 1 month and extending the period to 3 months gives it a 246.84%, and is 6.09% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.35% over the week and 10.44% over the month.
Eos Energy Enterprises Inc (EOSE) has around 420 employees, a market worth around $528.77M and $14.79M in sales. Profit margin for the company is -843.57%. Distance from 52-week low is 300.00% and -41.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-6189.93%).
Eos Energy Enterprises Inc quarterly earnings per share for the current quarter are estimated at -0.17 with sales reaching $6.48M over the same period.The EPS is expected to grow by 55.78% this year, but quarterly earnings will post 280.60% year-over-year. Quarterly sales are estimated to grow 847.40% in year-over-year returns.
143.0 institutions hold shares in Eos Energy Enterprises Inc (EOSE), with institutional investors hold 33.43% of the company’s shares. The shares outstanding are 216.71M, and float is at 210.15M with Short Float at 22.89%. Institutions hold 32.59% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.6 million shares valued at $10.92 million. The investor’s holdings represent 4.2713 of the EOSE Shares outstanding. As of 2024-06-30, the second largest holder is ELECTRON CAPITAL PARTNERS, LLC with 7.67 million shares valued at $9.74 million to account for 3.81 of the shares outstanding. The other top investors are STIFEL FINANCIAL CORP which holds 4.94 million shares representing 2.4557 and valued at over $6.28 million, while ALYESKA INVESTMENT GROUP, L.P. holds 2.0555 of the shares totaling 4.14 million with a market value of $5.26 million.
Eos Energy Enterprises Inc (EOSE) Insider Activity
The most recent transaction is an insider purchase by DIMITRIEF ALEXANDER, the company’s Director. SEC filings show that DIMITRIEF ALEXANDER bought 2,000 shares of the company’s common stock on Aug 16 ’24 at a price of $1.91 per share for a total of $3820.0. Following the purchase, the insider now owns 0.17 million shares.
Eos Energy Enterprises Inc disclosed in a document filed with the SEC on Aug 15 ’24 that DIMITRIEF ALEXANDER (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Aug 15 ’24 and was made at $1.86 per share for $1865.0. Following the transaction, the insider now directly holds 0.17 million shares of the EOSE stock.
Still, SEC filings show that on Aug 13 ’24, DIMITRIEF ALEXANDER (Director) acquired 2,000 shares at an average price of $1.68 for $3350.0. The insider now directly holds 169,347 shares of Eos Energy Enterprises Inc (EOSE).
