Eos Energy Enterprises Inc (NASDAQ: EOSE) is -14.40% lower on its value in year-to-date trading and has touched a low of $0.61 and a high of $6.64 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 EOSE stock was last observed hovering at around $4.13 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $4.16, the stock is -3.66% and -17.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.79 million and changing 0.73% at the moment leaves the stock 35.73% off its SMA200. EOSE registered 316.00% gain for a year compared to 6-month gain of 56.98%. The firm has a 50-day simple moving average (SMA 50) of $5.0169 and a 200-day simple moving average (SMA200) of $3.064835.
The stock witnessed a -20.46% loss in the last 1 month and extending the period to 3 months gives it a 29.19%, and is 5.58% 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 5.82% over the week and 9.51% over the month.
Eos Energy Enterprises Inc (EOSE) has around 430 employees, a market worth around $942.66M and $15.61M in sales. Fwd P/E is 43.46. Profit margin for the company is -6178.23%. Distance from 52-week low is 581.97% and -37.35% from its 52-week high.
with sales reaching $11.57M over the same period.The EPS is expected to grow by 75.39% this year, but quarterly earnings will post 973.20% year-over-year. Quarterly sales are estimated to grow 75.24% in year-over-year returns.
Eos Energy Enterprises Inc (EOSE) Top Institutional Holders
188.0 institutions hold shares in Eos Energy Enterprises Inc (EOSE), with institutional investors hold 42.39% of the company’s shares. The shares outstanding are 221.79M, and float is at 219.89M with Short Float at 30.45%. Institutions hold 41.38% 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 3.6326 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 1.9598 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 sale by Bornstein Jeffrey S, the company’s Director. SEC filings show that Bornstein Jeffrey S sold 132,720 shares of the company’s common stock on Sep 12 ’24 at a price of $2.63 per share for a total of $0.35 million. Following the sale, the insider now owns 7999.0 shares.
Eos Energy Enterprises Inc disclosed in a document filed with the SEC on Sep 12 ’24 that Bornstein Jeffrey S (Director) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Sep 12 ’24 and was made at $2.62 per share for $78600.0. Following the transaction, the insider now directly holds 84929.0 shares of the EOSE stock.
Still, SEC filings show that on Aug 16 ’24, DIMITRIEF ALEXANDER (Director) acquired 2,000 shares at an average price of $1.91 for $3820.0. The insider now directly holds 172,347 shares of Eos Energy Enterprises Inc (EOSE).
