EON Resources Inc (AMEX:EONR) price on Wednesday, May 21, rose 1.68% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.37.
A look at the stock’s price movement, the close in the last trading session was $0.36, moving within a range at $0.3621 and $0.3999. The beta value (5-Year monthly) was -1.015. Turning to its 52-week performance, $2.92 and $0.35 were the 52-week high and 52-week low respectively. Overall, EONR moved -20.41% over the past month.
EON Resources Inc’s market cap currently stands at around $7.32 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-14.
Analysts have a consensus estimate of 6.6M for the company’s revenue for the quarter, with a low and high estimate of 6.6M and 6.6M respectively. The average forecast suggests up to a 28.30% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 29.2M, representing a 50.37% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that EONR is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
EONR’s current price about -11.08% and -19.91% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.05, while 7-day volatility ratio is 9.54% and 9.71% in the 30-day chart. Further, EON Resources Inc (EONR) has a beta value of -1.04, and an average true range (ATR) of 0.04.
If we refocus on EON Resources Inc (AMEX:EONR), historical trading data shows that trading volumes averaged 1.37 over the past 10 days and 664.78K over the past 3 months. The company’s latest data on shares outstanding shows there are 17.92 million shares.
The 32.92% of EON Resources Inc’s shares are in the hands of company insiders while institutional holders own 2.43% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.41 million on 2025-04-30, giving us a short ratio of 1.23. The data shows that as of 2025-04-30 short interest in EON Resources Inc (EONR) stood at 269.0 of shares outstanding, with shares short falling to 0.5 million registered in 2025-03-31. Current price change has pushed the stock -54.85% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the EONR stock continues to rise going into the next quarter.
