EON Resources Inc (AMEX: EONR) Emerges As Guiding Light For Investors

EON Resources Inc (AMEX:EONR) currently has a daily average trading volume of 779.79K but it saw 7933667 shares traded in last market. With a market cap of 7.32M USD, the company’s current market price of $0.37 came rising about 1.68 while comparing to the previous closing price of $0.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.92 and as low as $0.35.

Over the week, EONR’s stock price is moving -2.63% down while it is -20.41% when we observe its performance for the past one month. Year-to-date it is -54.85% down and over the past year, the stock is showing a downside performance of -84.05%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $7.4M as analysts are expecting the sales for current fiscal year at $29.2M and seeing the company making $48M in sales next year. Moreover, analysts are in estimates of $6.6M for current-quarter revenue.

Currently, EON Resources Inc’s total number of outstanding shares is 17.92M with 22.58% of that held by the insiders while 4.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -13.66% and return on equity (ROE) at -273.25%. Stock’s beta reads -1.03. Stock has a price to book (P/B) ratio of 0.59 while price to sale or P/S ratio amounts to 0.37. Its return on asset (ROA) is -5.99% on average.