A Stock With Stellar Fundamentals? Eos Energy Enterprises Inc (NASDAQ:EOSE): Is It Right For You?

Stocks of Eos Energy Enterprises Inc (NASDAQ:EOSE) traded higher last session on Wall Street, up 3.02% to $2.73.

EOSE stock price is now 34.53% away from the 50-day moving average and 121.43% away from the 200-day moving average. The market capitalization of the company currently stands at $591.62M.

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, while ‘Guggenheim’ rates the stock as ‘Buy’

In other news, DIMITRIEF ALEXANDER, Director bought 2,000 shares of the company’s stock on Aug 16 ’24. The stock was bought for $3,820 at an average price of $1.91. Upon completion of the transaction, the Director now directly owns 172,347 shares in the company, valued at $0.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 15 ’24, Director DIMITRIEF ALEXANDER bought 1,000 shares of the business’s stock. A total of $1,865 was incurred on buying the stock at an average price of $1.86. This leaves the insider owning 170,347 shares of the company worth $0.47 million. A total of 3.02% 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 $2.81. The fifty day moving average price for EOSE is $2.0485 and a two-hundred day moving average price translates $1.24117 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.

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