In other words, the price has increased by $0.0000 from its previous closing price. On the day, 895205 shares were traded.
Ratios:
Our goal is to gain a better understanding of GWH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.76 and its Current Ratio is at 5.97. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On June 29, 2022, Chardan Capital Markets started tracking the stock assigning a Neutral rating and target price of $3.50.
On March 31, 2022, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $7.Deutsche Bank initiated its Hold rating on March 31, 2022, with a $7 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when Hossfeld Rich bought 2,500 shares for $0.73 per share. The transaction valued at 1,814 led to the insider holds 147,873 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GWH now has a Market Capitalization of 122.43M and an Enterprise Value of 16.90M. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.24 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 2.24 whereas that against EBITDA is -0.21.
Stock Price History:
Over the past 52 weeks, GWH has reached a high of $2.12, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is 0.8609, while the 200-Day Moving Average is calculated to be 1.2895.
Shares Statistics:
The stock has traded on average 982.84K shares per day over the past 3-months and 1.48M shares per day over the last 10 days, according to various share statistics. A total of 174.21M shares are outstanding, with a floating share count of 57.07M. Insiders hold about 67.37% of the company’s shares, while institutions hold 14.76% stake in the company. Shares short for GWH as of Mar 15, 2024 were 11.86M with a Short Ratio of 12.06, compared to 10.93M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.78% and a Short% of Float of 10.70%.
Earnings Estimates
Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of -$0.11 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.13, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.1 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.32 and -$0.45 for the fiscal current year, implying an average EPS of -$0.39. EPS for the following year is -$0.25, with 6 analysts recommending between -$0.12 and -$0.37.
Revenue Estimates
5 analysts predict $3.22M in revenue for the current quarter. It ranges from a high estimate of $4M to a low estimate of $2.4M. As of the current estimate, ESS Tech Inc’s year-ago sales were $372k, an estimated increase of 765.60% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $4.02M, an increase of 42.20% less than the figure of $765.60% in the same quarter last year. There is a high estimate of $4.9M for the next quarter, whereas the lowest estimate is $3.5M.
A total of 6 analysts have provided revenue estimates for GWH’s current fiscal year. The highest revenue estimate was $29M, while the lowest revenue estimate was $25.4M, resulting in an average revenue estimate of $27.62M. In the same quarter a year ago, actual revenue was $7.54M, up 266.30% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $117.92M in the next fiscal year. The high estimate is $171.75M and the low estimate is $68.8M. The average revenue growth estimate for next year is up 326.90% from the average revenue estimate for this year.
