Eos Energy Enterprises Inc (NASDAQ:EOSE) currently has a daily average trading volume of 8.58M but it saw 4181950 shares traded in last market. With a market cap of 390.08M USD, the company’s current market price of $1.80 came rising about 1.12 while comparing to the previous closing price of $1.78. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.81 and as low as $0.61. In the recent trading on the day, stock has struck highest price mark of $1.715 while lowest mark touched by it was $1.83.
Taking a look at 20-day trading activity of Eos Energy Enterprises Inc (EOSE) gives us an average price of $1.7593, while its current price level is -62.58% below from 52-week high level whereas it is 195.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.4989 while that of 200 days or SMA-200 reads an average of $1.1409. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.57% during that period while stretching the period over a month that increases to 10.83%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.68 which implies that the stock is in neutral territory.
Guggenheim upgraded its recommendation for the stock as a “Buy” from “Neutral” on September 01, 2023 while assigning a price target of $10. B. Riley Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $3 and $4.
Over the week, EOSE’s stock price is moving 24.57% up while it is -7.69% when we observe its performance for the past one month. Year-to-date it is 65.14% up and over the past year, the stock is showing a downside performance of -24.37%.
Currently, Eos Energy Enterprises Inc’s total number of outstanding shares is 216.71M. Company’s return on investment (ROI) stands at -6189.93%. Stock’s beta reads 2.39. Stock has a price to sale or P/S ratio amounts to 26.37. Its return on asset (ROA) is -69.79% on average.
