Eos Energy Enterprises Inc. (NASDAQ:EOSE) went up by 5.43% from its latest closing price compared to the recent 1-year high of $16.28. The company’s stock price has collected 1.86% of gains in the last five trading sessions. Barron’s reported on 11/19/20 that Sunrun’s ‘Virtual Power Plant’ Agreement Could Boost Solar and Battery Companies
Is It Worth Investing in Eos Energy Enterprises Inc. (NASDAQ :EOSE) Right Now?
EOSE currently public float of 47.34M and currently shorts hold a 0.52% ratio of that float. Today, the average trading volume of EOSE was 846.31K shares.
EOSE’s Market Performance
EOSE stocks went up by 1.86% for the week, with a monthly jump of 51.83% and a quarterly performance of 50.49%. The volatility ratio for the week stands at 11.02% while the volatility levels for the past 30 days are set at 8.32% for Eos Energy Enterprises Inc.. The simple moving average for the period of the last 20 days is 21.01% for EOSE stocks with a simple moving average of 44.59% for the last 200 days.
EOSE Trading at 38.53% from the 50-Day Moving Average
After a stumble in the market that brought EOSE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.71% of loss for the given period.
Volatility was left at 8.32%, however, over the last 30 days, the volatility rate increased by 11.02%, as shares surge +49.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +53.19% upper at present.
During the last 5 trading sessions, EOSE rose by +1.86%, in comparison to the 20-day moving average, which settled at $12.94. In addition, Eos Energy Enterprises Inc. saw 58.25% in overturn over a single year, with a tendency to cut further gains.