Stocks of Eos Energy Enterprises Inc (NASDAQ:EOSE) traded higher last session on Wall Street, down -6.41% to $0.86.
EOSE stock price is now 12.47% away from the 50-day moving average and -30.44% away from the 200-day moving average. The market capitalization of the company currently stands at $178.14M.
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On September 01, 2023, Guggenheim Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $10, while ‘B. Riley Securities’ rates the stock as ‘Neutral’
In other news, DIMITRIEF ALEXANDER, Director bought 5,000 shares of the company’s stock on Mar 08 ’24. The stock was bought for $5,638 at an average price of $1.13. Upon completion of the transaction, the Director now directly owns 10,000 shares in the company, valued at $8600.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 21 ’23, Chief Executive Officer Mastrangelo Joe bought 36,500 shares of the business’s stock. A total of $74,810 was incurred on buying the stock at an average price of $2.05. This leaves the insider owning 590,799 shares of the company worth $0.51 million. A total of 2.49% of the company’s stock is owned by insiders.
During the past 12 months, Eos Energy Enterprises Inc has had a low of $0.61 and a high of $5.66. The fifty day moving average price for EOSE is $0.75998 and a two-hundred day moving average price translates $1.21777 for the stock.
The latest earnings results from Eos Energy Enterprises Inc (NASDAQ: EOSE) was released for 2024-03-31. The company reported revenue of $6.6 million for the quarter, compared to $8.84 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -25.29 percent.
