For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, ESS Tech Inc’s stock clocked out at $5.61, down -8.48% from its previous closing price of $6.13. In other words, the price has decreased by -$8.48 from its previous closing price. On the day, 69198.0 shares were traded. GWH stock price reached its highest trading level at $6.19 during the session, while it also had its lowest trading level at $5.4801.
Ratios:
To gain a deeper understanding of GWH’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Robert W. Baird on November 14, 2024, Downgraded its rating to Underperform and sets its target price to $9 from $14 previously.
On July 12, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $1.50.ROTH MKM initiated its Buy rating on July 12, 2024, with a $1.50 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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. On May 14 ’24, another insider, Teamey Kyle, who serves as the Director of the company, bought 1,250 shares for $0.79 each. As a result, the insider paid 987 and bolstered with 173,609 shares of the company.
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 66663072 and an Enterprise Value of 14425518. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.68 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 1.942 whereas that against EBITDA is -0.198.
Stock Price History:
Over the past 52 weeks, GWH has reached a high of $17.56, while it has fallen to a 52-week low of $4.35. The 50-Day Moving Average of the stock is -11.49%, while the 200-Day Moving Average is calculated to be -37.31%.
Shares Statistics:
It appears that GWH traded 96.75K shares on average per day over the past three months and 97050 shares per day over the past ten days. A total of 11.88M shares are outstanding, with a floating share count of 5.06M. Insiders hold about 57.39% of the company’s shares, while institutions hold 7.44% stake in the company. Shares short for GWH as of 1730332800 were 483079 with a Short Ratio of 3.67, compared to 1727654400 on 448642. Therefore, it implies a Short% of Shares Outstanding of 483079 and a Short% of Float of 6.99.
