Additionally, the 36-month beta value for EOSE is 2.23. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for EOSE is 197.13M and currently, short sellers hold a 22.75% ratio of that float. The average trading volume of EOSE on April 01, 2024 was 5.38M shares.
EOSE) stock’s latest price update
Eos Energy Enterprises Inc (NASDAQ: EOSE)’s stock price has dropped by -4.44 in relation to previous closing price of 1.03. Nevertheless, the company has seen a loss of -1.56% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-06 that Eos Energy Enterprises (EOSE) witnesses solid growth in Q4 revenues as it transitions its entire manufacturing capacity from Gen 2.3 to the new Eos Z3 Cube.
EOSE’s Market Performance
Eos Energy Enterprises Inc (EOSE) has experienced a -1.56% fall in stock performance for the past week, with a 3.37% rise in the past month, and a -14.78% drop in the past quarter. The volatility ratio for the week is 6.49%, and the volatility levels for the past 30 days are at 9.26% for EOSE. The simple moving average for the past 20 days is -3.15% for EOSE’s stock, with a -49.80% simple moving average for the past 200 days.
Analysts’ Opinion of EOSE
Guggenheim, on the other hand, stated in their research note that they expect to see EOSE reach a price target of $10. The rating they have provided for EOSE stocks is “Buy” according to the report published on September 01st, 2023.
B. Riley Securities gave a rating of “Neutral” to EOSE, setting the target price at $4 in the report published on June 30th of the previous year.
EOSE Trading at -5.14% 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 -82.62% of loss for the given period.
Volatility was left at 9.26%, however, over the last 30 days, the volatility rate increased by 6.49%, as shares sank -3.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.61% upper at present.
During the last 5 trading sessions, EOSE fell by -1.81%, which changed the moving average for the period of 200-days by -69.32% in comparison to the 20-day moving average, which settled at $1.0144. In addition, Eos Energy Enterprises Inc saw -9.70% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EOSE starting from DIMITRIEF ALEXANDER, who purchase 5,000 shares at the price of $1.13 back on Mar 08 ’24. After this action, DIMITRIEF ALEXANDER now owns 10,000 shares of Eos Energy Enterprises Inc, valued at $5,638 using the latest closing price.
Mastrangelo Joe, the Chief Executive Officer of Eos Energy Enterprises Inc, purchase 36,500 shares at $2.05 during a trade that took place back on Sep 21 ’23, which means that Mastrangelo Joe is holding 590,799 shares at $74,810 based on the most recent closing price.
Stock Fundamentals for EOSE
Current profitability levels for the company are sitting at:
- -6.11 for the present operating margin
- -4.48 for the gross margin
The net margin for Eos Energy Enterprises Inc stands at -14.01. The total capital return value is set at -0.8.
Based on Eos Energy Enterprises Inc (EOSE), the company’s capital structure generated 2.17 points at debt to capital in total, while cash flow to debt ratio is standing at -0.71. The debt to equity ratio resting at -1.85. The interest coverage ratio of the stock is -2.4.
Currently, EBITDA for the company is -135.0 million with net debt to EBITDA at -1.31. When we switch over and look at the enterprise to sales, we see a ratio of 20.62. The receivables turnover for the company is 0.8for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.01.
Conclusion
In conclusion, Eos Energy Enterprises Inc (EOSE) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
