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The closing price of Eos Energy Enterprises Inc (NASDAQ: EOSE) was $4.60 for the day, down -2.95% from the previous closing price of $4.74. In other words, the price has decreased by -$2.95 from its previous closing price. On the day, 6.43 million shares were traded. EOSE stock price reached its highest trading level at $4.95 during the session, while it also had its lowest trading level at $4.46.
Ratios:
Our analysis of EOSE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.99.
Guggenheim Upgraded its Neutral to Buy on September 01, 2023, while the target price for the stock was maintained at $10.
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 12 ’24 when Bornstein Jeffrey S sold 132,720 shares for $2.63 per share. The transaction valued at 349,054 led to the insider holds 7,999 shares of the business.
Bornstein Jeffrey S sold 30,000 shares of EOSE for $78,600 on Sep 12 ’24. The Director now owns 84,929 shares after completing the transaction at $2.62 per share. On Aug 16 ’24, another insider, DIMITRIEF ALEXANDER, who serves as the Director of the company, bought 2,000 shares for $1.91 each. As a result, the insider paid 3,820 and bolstered with 172,347 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, EOSE now has a Market Capitalization of 1002395200 and an Enterprise Value of 1326728832. For the stock, the TTM Price-to-Sale (P/S) ratio is 67.00. Its current Enterprise Value per Revenue stands at 88.667 whereas that against EBITDA is -8.584.
Stock Price History:
The Beta on a monthly basis for EOSE is 2.10, which has changed by 4.3378377 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, EOSE has reached a high of $6.01, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is 28.95%, while the 200-Day Moving Average is calculated to be 110.44%.
Shares Statistics:
EOSE traded an average of 8.26M shares per day over the past three months and 9462400 shares per day over the past ten days. A total of 217.28M shares are outstanding, with a floating share count of 211.57M. Insiders hold about 2.91% of the company’s shares, while institutions hold 32.58% stake in the company. Shares short for EOSE as of 1735603200 were 57883516 with a Short Ratio of 7.01, compared to 1732838400 on 58502759. Therefore, it implies a Short% of Shares Outstanding of 57883516 and a Short% of Float of 34.669998.
