EON Resources Inc. [AMEX: EONR] gained 118.29% or 0.97 points to close at $1.79 with a heavy trading volume of 41191200 shares.
The daily chart for EONR points out that the company has recorded -39.53% loss over the past six months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If we look at the average trading volume of 220.50K shares, EONR reached to a volume of 41191200 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about EON Resources Inc. [EONR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EONR shares is $5.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EONR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for EON Resources Inc. is set at 0.27 The Price to Book ratio for the last quarter was 0.32, with the Price to Cash per share for the same quarter was set at 0.55.
Trading performance analysis for EONR stock
EON Resources Inc. [EONR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 62.73. With this latest performance, EONR shares gained by 12.93% in over the last four-week period, additionally sinking by -39.53% over the last 6 months – not to mention a drop of -83.36% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EONR stock in for the last two-week period is set at 60.61, with the RSI for the last a single of trading hit 69.56, and the three-weeks RSI is set at 54.93 for EON Resources Inc. [EONR]. The present Moving Average for the last 50 days of trading for this stock 1.8784, while it was recorded at 1.1200 for the last single week of trading, and 2.1763 for the last 200 days.
EON Resources Inc. [EONR]: A deeper dive into fundamental analysis
EON Resources Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.12 and a Current Ratio set at 0.12.
