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The price of ESS Tech Inc (NYSE: GWH) closed at $0.70 in the last session, up 0.44% from day before closing price of $0.70. In other words, the price has increased by $0.44 from its previous closing price. On the day, 0.68 million shares were traded. GWH stock price reached its highest trading level at $0.73 during the session, while it also had its lowest trading level at $0.6994.
Ratios:
We take a closer look at GWH’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.78 and its Current Ratio is at 4.94. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 123003040 and an Enterprise Value of 35608988. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.41 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 3.595 whereas that against EBITDA is -0.48.
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 -5.37%, while the 200-Day Moving Average is calculated to be -35.84%.
Shares Statistics:
According to the various share statistics, GWH traded on average about 840.73K shares per day over the past 3-months and 649090 shares per day over the past 10 days. A total of 174.21M shares are outstanding, with a floating share count of 56.90M. Insiders hold about 67.47% of the company’s shares, while institutions hold 12.30% stake in the company. Shares short for GWH as of 1715731200 were 8685861 with a Short Ratio of 10.33, compared to 1713139200 on 10858499. Therefore, it implies a Short% of Shares Outstanding of 8685861 and a Short% of Float of 8.62.
