Eos Energy Enterprises Inc [NASDAQ: EOSE] traded at a low on Tuesday, posting a -3.58 loss after which it closed the day’ session at $3.10.
The results of the trading session contributed to over 3863689 shares changing hands. Over the past one week, the price volatility of Eos Energy Enterprises Inc stands at 9.53% while the volatility over the past one month is 8.90%.
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The market cap for EOSE stock reached $670.72 million, with 216.71 million shares outstanding and 210.36 million shares in the current float. Compared to the average trading volume of 6.93M shares, EOSE reached a trading volume of 3863689 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Eos Energy Enterprises Inc [EOSE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EOSE shares is $4.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EOSE stock is a recommendation set at 1.86. 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.
Stifel have made an estimate for Eos Energy Enterprises Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 21, 2024. The new note on the price target was released on September 05, 2023, representing the official price target for Eos Energy Enterprises Inc stock. Previously, the target price had yet another raise to $10, while Guggenheim analysts kept a Buy rating on EOSE stock. On June 30, 2023, analysts increased their price target for EOSE shares from 3 to 4.
The Average True Range (ATR) for Eos Energy Enterprises Inc is set at 0.25, with the Price to Sales ratio for EOSE stock in the period of the last 12 months amounting to 45.35.
How has EOSE stock performed recently?
Eos Energy Enterprises Inc [EOSE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.89. With this latest performance, EOSE shares gained by 25.30% in over the last four-week period, additionally plugging by 303.73% over the last 6 months – not to mention a rise of 87.58% 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 EOSE stock in for the last two-week period is set at 54.92, with the RSI for the last a single of trading hit 50.38, and the three-weeks RSI is set at 56.96 for Eos Energy Enterprises Inc [EOSE]. The present Moving Average for the last 50 days of trading for this stock 2.62, while it was recorded at 3.26 for the last single week of trading, and 1.48 for the last 200 days.
Eos Energy Enterprises Inc [EOSE]: Deeper insight into the fundamentals
Eos Energy Enterprises Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.34 and a Current Ratio set at 2.68.
Insider trade positions for Eos Energy Enterprises Inc [EOSE]
There are presently around $32.63%, or 33.46%% of EOSE stock, in the hands of institutional investors. The top three institutional holders of EOSE stocks are: VANGUARD GROUP INC with ownership of 8.6 million shares, which is approximately 4.2713%. ELECTRON CAPITAL PARTNERS, LLC, holding 7.67 million shares of the stock with an approximate value of $$9.74 million in EOSE stocks shares; and ELECTRON CAPITAL PARTNERS, LLC, currently with $$6.28 million in EOSE stock with ownership which is approximately 2.4557%.
