EON Resources Inc [AMEX: EONR] surged by $0.27 during the normal trading session on while it closed the day at $1.07.
EON Resources Inc stock has also gained 30.52% of its value over the past 7 days. However, EONR stock has declined by -21.90% in the 3 months of the year. Over the past six months meanwhile, it has lost -53.68% and gained 30.52% year-on date.
The market cap for EONR stock reached $11.42 million, with 6.96 million shares outstanding and 6.08 million shares in the current float. Compared to the average trading volume of 326.01K shares, EONR reached a trading volume of 82817158 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $4.00 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.
EONR stock trade performance evaluation
EON Resources Inc [EONR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 30.52. With this latest performance, EONR shares gained by 23.54% in over the last four-week period, additionally sinking by -53.68% over the last 6 months – not to mention a drop of -47.29% 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 66.89, with the RSI for the last a single of trading hit 75.75, and the three-weeks RSI is set at 59.56 for EON Resources Inc [EONR]. The present Moving Average for the last 50 days of trading for this stock 0.8895, while it was recorded at 0.8276 for the last single week of trading, and 1.8054 for the last 200 days.
EON Resources Inc [EONR]: An insightful look at the core fundamentals
EON Resources Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.13 and a Current Ratio set at 0.13.