E2open Parent Holdings Inc (NYSE:ETWO) shares, rose in value on Friday, March 28, with the stock price down by -5.31% to the previous day’s close as strong demand from buyers drove the stock to $2.14.
Actively observing the price movement in the last trading, the stock closed the session at $2.26, falling within a range of $2.05 and $2.2208. The value of beta (5-year monthly) was 0.341. Referring to stock’s 52-week performance, its high was $5.07, and the low was $2.07. On the whole, ETWO has fluctuated by -6.14% over the past month.
With the market capitalization of E2open Parent Holdings Inc currently standing at about $734.90 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-09.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 607.92M, with a low estimate of 152.78M and a high estimate of 153.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 153.01M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ETWO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ETWO currently trading nearly -3.49% and -12.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.02, while the 7-day volatility ratio is showing 6.62% which for the 30-day chart, stands at 5.36%. Furthermore, E2open Parent Holdings Inc (ETWO)’s beta value is 0.99, and its average true range (ATR) is 0.12.
A comparison of E2open Parent Holdings Inc (ETWO) with its peers suggests the former has fared considerably weaker in the market. ETWO showed an intraday change of -5.31% in last session, and over the past year, it shrunk by -48.56%%.
Data on historical trading for E2open Parent Holdings Inc (NYSE:ETWO) indicates that the trading volumes over the past 10 days have averaged 1.12 and over the past 3 months, they’ve averaged 1.20 million. According to company’s latest data on outstanding shares, there are 309.17 million shares outstanding.
Nearly 24.64% of E2open Parent Holdings Inc’s shares belong to company insiders and institutional investors own 77.67% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.45 million shares as on 2025-03-14, resulting in a short ratio of 9.94. According to the data, the short interest in E2open Parent Holdings Inc (ETWO) stood at 367.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 9.15 million. The stock has fallen by -19.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ETWO stock heading into the next quarter.
