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The closing price of ESS Tech Inc (NYSE: GWH) was $7.49 for the day, up 8.87% from the previous closing price of $6.88. In other words, the price has increased by $8.87 from its previous closing price. On the day, 0.1 million shares were traded. GWH stock price reached its highest trading level at $7.7453 during the session, while it also had its lowest trading level at $6.77.
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 3.09 and its Current Ratio is at 3.26. 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 this company, ROTH MKM on July 12, 2024, initiated with a Buy rating and assigned the stock a target price of $1.50.
On June 29, 2022, Chardan Capital Markets started tracking the stock assigning a Neutral rating and target price of $3.50.Chardan Capital Markets initiated its Neutral rating on June 29, 2022, with a $3.50 target price.
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 May 14 ’24 when Teamey Kyle bought 1,250 shares for $0.79 per share. The transaction valued at 987 led to the insider holds 173,609 shares of the business.
Quarls Harry bought 57,310 shares of GWH for $44,988 on May 10 ’24. The Director now owns 423,456 shares after completing the transaction at $0.79 per share. On May 09 ’24, another insider, Quarls Harry, who serves as the Director of the company, bought 42,690 shares for $0.84 each. As a result, the insider paid 35,817 and bolstered with 366,146 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 88906296 and an Enterprise Value of 16311652. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.97 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 2.196 whereas that against EBITDA is -0.224.
Stock Price History:
Over the past 52 weeks, GWH has reached a high of $31.65, while it has fallen to a 52-week low of $5.71. The 50-Day Moving Average of the stock is -30.09%, while the 200-Day Moving Average is calculated to be -41.89%.
Shares Statistics:
GWH traded an average of 75.08K shares per day over the past three months and 143925 shares per day over the past ten days. A total of 11.61M shares are outstanding, with a floating share count of 4.99M. Insiders hold about 62.19% of the company’s shares, while institutions hold 9.26% stake in the company. Shares short for GWH as of 1723680000 were 453728 with a Short Ratio of 6.04, compared to 1721001600 on 377022. Therefore, it implies a Short% of Shares Outstanding of 453728 and a Short% of Float of 6.65.
