EON Resources Inc (AMEX:EONR) currently has a daily average trading volume of 1.80M but it saw 1736771 shares traded in last market. With a market cap of 11.64M USD, the company’s current market price of $1.09 came rising about 6.86 while comparing to the previous closing price of $1.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.00 and as low as $0.51. In the recent trading on the day, stock has struck highest price mark of $1.01 while lowest mark touched by it was $1.165.
Taking a look at 20-day trading activity of EON Resources Inc (EONR) gives us an average price of $0.7680, while its current price level is -81.83% below from 52-week high level whereas it is 113.73% 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 $0.8753 while that of 200 days or SMA-200 reads an average of $1.7712. A closer look into the stock’s movement over the week reveals that its volatility is standing at 35.32% during that period while stretching the period over a month that decreases to 20.99%. 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 61.08 which implies that the stock is in neutral territory.
Over the week, EONR’s stock price is moving 35.91% up while it is 39.74% when we observe its performance for the past one month. Year-to-date it is 32.96% up and over the past year, the stock is showing a downside performance of -42.02%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $6M for current-quarter revenue.
Currently, EON Resources Inc’s total number of outstanding shares is 6.96M with 45.74% of that held by the insiders while 15.17% of its common stock has been owned by the institutions. Stock’s beta reads -1.36.
