EON Resources Inc (AMEX:EONR) does about 787.74K shares in volume on a normal day but saw 413462 shares change hands in the recent trading day. The company now has a market cap of 6.82M USD. Its current market price is $0.35, marking an increase of 1.98% compared to the previous close of $0.34. The 52 week high reached by this stock is $2.92 whilst the lowest price level in 52 weeks is $0.34.
The consensus objective for the share price is $2.00, suggesting that the stock has a potential upside of 82.5% over the period.
The current price level is -9.65%, -21.80%, and -60.79% 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 down -13.84% over the week and -22.44% over the past month. Its price is -57.33% year-to-date and -83.73% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.12 and 0 for whole year. Expected sales for next quarter are $4.9M, which analysts say will come at $20.1M for the current fiscal year and next year at $34.7M. In addition, estimates put the company’s current quarterly revenue at an average of $4.6M.
To reach the target analysts have set, the stock logically needs to grow 82.5 percent from here.
Outstanding shares total 17.92M with insiders holding 22.58% of the shares and institutional holders owning 4.28% of the company’s common stock. The company has a return on investment of -13.66% and return on equity of -273.25%. The beta has a value of -1.07. Price to book ratio is 0.56 and price to sales ratio is 0.35.
