EON Resources Inc (AMEX: EONR) is -0.24% lower on its value in year-to-date trading and has touched a low of $0.51 and a high of $6.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EONR stock was last observed hovering at around $0.91 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $0.82, the stock is -17.27% and -5.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing -9.75% at the moment leaves the stock -51.31% off its SMA200. EONR registered -60.11% loss for a year compared to 6-month loss of -67.15%. The firm has a 50-day simple moving average (SMA 50) of $0.86418 and a 200-day simple moving average (SMA200) of $1.67788.
The stock witnessed a 9.19% gain in the last 1 month and extending the period to 3 months gives it a -30.10%, and is -26.32% down 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 12.26% over the week and 21.60% over the month.
Distance from 52-week low is 60.35% and -86.37% from its 52-week high.
with sales reaching $6M over the same period., but quarterly earnings will post 2.75% year-over-year.
EON Resources Inc (EONR) Top Institutional Holders
The shares outstanding are 6.96M, and float is at 5.73M with Short Float at 9.34%.
EON Resources Inc (EONR) Insider Activity
The most recent transaction is an insider sale by Pogo Royalty, LLC, the company’s 10% Owner. SEC filings show that Pogo Royalty, LLC sold 1,071,897 shares of the company’s common stock on Jan 21 ’25 at a price of $1.59 per share for a total of $1.7 million. Following the sale, the insider now owns 0.5 million shares.
EON Resources Inc disclosed in a document filed with the SEC on Jan 08 ’25 that Pogo Royalty, LLC (10% Owner) sold a total of 429,125 shares of the company’s common stock. The trade occurred on Jan 08 ’25 and was made at $1.52 per share for $0.65 million. Following the transaction, the insider now directly holds 1.57 million shares of the EONR stock.
Still, SEC filings show that on Dec 16 ’24, Caravaggio Dante (Chief Executive Officer) acquired 1,000 shares at an average price of $0.61 for $615.0. The insider now directly holds 550,000 shares of EON Resources Inc (EONR).
