Eos Energy Enterprises, Inc. (NASDAQ:EOSE) shares, dropped in value on Wednesday, Jan 13, with the stock price down by -6.67% to the previous day’s close as weak demand from buyers trailed the stock to $28.41.
Actively observing the price movement in the last trading, the stock closed the session at $30.44, falling within a range of $28.11 and $31.95. The value of beta (5-year monthly) was 0 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $31.76, and the low was $9.7. On the whole, EOSE has fluctuated by 93.92% over the past month.
A comparison of Eos Energy Enterprises, Inc. (EOSE) with its peers suggests the former has fared considerably weaker in the market. EOSE showed an intraday change of -6.67% in last session, and over the past year, it dropped by 0%. In comparison, W.W. Grainger (GWW) has moved lower at -3.28% on the day and was up +14.17% over the past 12 months. On the other hand, the price of Iac Holdings Inc (IAC) has fallen -1.04% on the day. The stock, however, is off 154.42% from where it was a year ago. Additionally, there is a decline of -667% for Siteone Landscape Supply (SITE) in last trading while the stock has seen an overall depriciation of 0% over the past year. The PE ratio stands at 0 for Eos Energy Enterprises, Inc., compared to 33.2 for W.W. Grainger, and 0 for Iac Holdings Inc. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.23%. Meanwhile, the Dow Jones Industrial weakened by -0.03%.
Data on historical trading for Eos Energy Enterprises, Inc. (NASDAQ:EOSE) indicates that the trading volumes over the past 10 days have averaged 1.42 Million and over the past 3 months, they’ve averaged 1.59 Million. According to company’s latest data on outstanding shares, there are 49.81 Million shares outstanding.
Nearly 21.19% of Eos Energy Enterprises, Inc.’s shares belong to company insiders and institutional investors own 42.43% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 1.83 Million shares as on December 30, 2020, resulting in a short ratio of 1.22. According to the data, the short interest in Eos Energy Enterprises, Inc. (EOSE) stood at 3.68% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 876.54 Million. The stock has risen by +36.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EOSE stock heading into the next quarter.
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