EON Resources Inc. (AMEX:EONR) does about 1.55M shares in volume on a normal day but saw 2084520 shares change hands in the recent trading day. The company now has a market cap of 8.33M USD. Its current market price is $1.49, marking a decrease of -16.29% compared to the previous close of $1.78. The 52 week high reached by this stock is $13.93 whilst the lowest price level in 52 weeks is $0.80.
EON Resources Inc. (EONR) has a 20-day trading average at $1.1999 and the current price is -89.30% off the 52-week high compared with 85.21% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.8145 and its 200-day simple moving average is $2.1742. If we look at the stock’s price movements over the week, volatility stands at 59.49%, which decreases to 27.57% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 51.44 to suggest the stock is neutral.
The consensus objective for the share price is $5.25, suggesting that the stock has a potential upside of 71.62% over the period.
The current price level is 24.85%, -18.86%, and -31.51% away from its SMA20, SMA50, and SMA200 respectively, with the EONR price moving above the 50-day SMA on current market day. EON Resources Inc. (EONR) stock is up 56.84% over the week and 12.03% over the past month. Its price is -26.42% year-to-date and -86.20% over the past year.
To reach the target analysts have set, the stock logically needs to grow 71.62 percent from here.
Outstanding shares total 5.59M with insiders holding 72.07% of the shares and institutional holders owning 34.08% of the company’s common stock. The company has a return on investment of -0.78% and return on equity of -0.51%. The beta has a value of -1.34. Price to book ratio is 0.27.
