Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of ESS Tech Inc (NYSE: GWH) was $1.70 for the day, up 107.32% from the previous closing price of $0.82. In other words, the price has increased by $107.32 from its previous closing price. On the day, 37.52 million shares were traded.
Ratios:
Our analysis of GWH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on March 04, 2025, Downgraded its rating to Neutral and sets its target price to $3 from $17 previously.
On November 14, 2024, Robert W. Baird Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $14 to $9.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 11 ’24 when Nijhawan Sandeep sold 7,000 shares for $5.72 per share. The transaction valued at 40,040 led to the insider holds 15,537 shares of the business.
Teamey Kyle bought 142 shares of GWH for $956 on Aug 30 ’24. The Director now owns 25,227 shares after completing the transaction at $6.73 per share.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.95 while its Price-to-Book (P/B) ratio in mrq is 1.70.
Stock Price History:
Over the past 52 weeks, GWH has reached a high of $14.10, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is -28.72%, while the 200-Day Moving Average is calculated to be -66.89%.
Shares Statistics:
A total of 12.10M shares are outstanding, with a floating share count of 4.97M. Insiders hold about 58.97% of the company’s shares, while institutions hold 8.08% stake in the company.
