Eos Energy Enterprises Inc (NASDAQ:EOSE) price closed lower on Monday, April 15, dropping -5.82% below its previous close.
A look at the daily price movement shows that the last close reads $0.88. The company’s 5Y monthly beta was ticking 2.23. Taking into account the 52-week price action we note that the stock hit a 52-week high of $5.66 and 52-week low of $0.73. The stock subtracted -16.37% on its value in the past month.
Eos Energy Enterprises Inc, which has a market valuation of $168.58 million, is expected to release its quarterly earnings report May 07, 2024 – May 13, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give EOSE a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that EOSE’s price is at present -15.23% off the SMA20 and -18.46% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 32.55, with weekly volatility standing at 10.65%. The indicator jumps to 8.41% when calculated based on the past 30 days. Eos Energy Enterprises Inc (NASDAQ:EOSE)’s beta value is holding at 2.25, while the average true range (ATR) indicator is currently reading 0.09.
An analysis of the Eos Energy Enterprises Inc (NASDAQ:EOSE) stock in terms of its daily trading volume indicates that the 3-month average is 5.15 million.
Current records show that the company has 199.13M in outstanding shares. The insiders’ percentage holdings are 2.58% of outstanding shares while the percentage share held by institutions stands at 46.83%. But the -23.68% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
