EONR has 36-month beta value of -1.17. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for EONR is 5.89M, and currently, short sellers hold a 1.03% ratio of that float. The average trading volume of EONR on November 26, 2024 was 1.78M shares.
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EONR) stock’s latest price update
The stock of EON Resources Inc (AMEX: EONR) has decreased by -21.53 when compared to last closing price of 1.02.Despite this, the company has seen a loss of -24.49% in its stock price over the last five trading days. accesswire.com reported 2024-11-22 that HOUSTON, TX / ACCESSWIRE / November 22, 2024 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”) is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announced that it anticipates that it will not have a sufficient number of shares of the Company’s common stock present in person or represented by proxy at the 2024 Annual Meeting of Stockholders (the “Annual Meeting”), scheduled for Monday, November 25, 2024 at 2:30 p.m.
EONR’s Market Performance
EON Resources Inc (EONR) has experienced a -24.49% fall in stock performance for the past week, with a -35.97% drop in the past month, and a -65.05% drop in the past quarter. The volatility ratio for the week is 14.49%, and the volatility levels for the past 30 days are at 10.99% for EONR. The simple moving average for the past 20 days is -25.62% for EONR’s stock, with a -60.53% simple moving average for the past 200 days.
EONR Trading at -32.62% from the 50-Day Moving Average
After a stumble in the market that brought EONR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.66% of loss for the given period.
Volatility was left at 10.99%, however, over the last 30 days, the volatility rate increased by 14.49%, as shares sank -36.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.89% lower at present.
During the last 5 trading sessions, EONR fell by -24.49%, which changed the moving average for the period of 200-days by -59.13% in comparison to the 20-day moving average, which settled at $1.0761. In addition, EON Resources Inc saw -60.47% 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 EONR starting from Williams Mark, who purchase 50,000 shares at the price of $1.00 back on Oct 15 ’24. After this action, Williams Mark now owns 95,000 shares of EON Resources Inc, valued at $50,000 using the latest closing price.
Caravaggio Dante, the Chief Executive Officer of EON Resources Inc, purchase 110,000 shares at $1.09 during a trade that took place back on Oct 15 ’24, which means that Caravaggio Dante is holding 649,440 shares at $120,100 based on the most recent closing price.
Stock Fundamentals for EONR
Equity return is now at value -0.51, with -0.47 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.13.
Conclusion
To put it simply, EON Resources Inc (EONR) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others 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.
