Stocks of Eos Energy Enterprises Inc (NASDAQ:EOSE) traded higher last session on Wall Street, up 5.95% to $1.78.
EOSE stock price is now 22.23% away from the 50-day moving average and 56.27% away from the 200-day moving average. The market capitalization of the company currently stands at $385.74M.
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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, Mastrangelo Joe, Chief Executive Officer bought 52,800 shares of the company’s stock on Aug 09 ’24. The stock was bought for $75,504 at an average price of $1.43. Upon completion of the transaction, the Chief Executive Officer now directly owns 909,793 shares in the company, valued at $1.62 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 08 ’24, Director DIMITRIEF ALEXANDER bought 5,000 shares of the business’s stock. A total of $5,638 was incurred on buying the stock at an average price of $1.13. This leaves the insider owning 10,000 shares of the company worth $17800.0. A total of 3.70% 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 $4.81. The fifty day moving average price for EOSE is $1.47762 and a two-hundred day moving average price translates $1.140095 for the stock.
The latest earnings results from Eos Energy Enterprises Inc (NASDAQ: EOSE) was released for 2024-06-30. The company reported revenue of $0.9 million for the quarter, compared to $0.25 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 260.64 percent.
