Eos Energy Enterprises Inc (NASDAQ:EOSE) shares traded 1.29% higher at $3.15 on Wall Street last session.
EOSE stock price is now 11.47% away from the 50-day moving average and 99.98% away from the 200-day moving average. The market capitalization of the company currently stands at $691.41M.
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, while ‘Guggenheim’ rates the stock as ‘Buy’
In other news, Bornstein Jeffrey S, Director sold 132,720 shares of the company’s stock on Sep 12 ’24. The stock was sold for $349,054 at an average price of $2.63. Upon completion of the transaction, the Director now directly owns 7,999 shares in the company, valued at $25196.85. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 12 ’24, Director Bornstein Jeffrey S sold 30,000 shares of the business’s stock. A total of $78,600 was realized by selling the stock at an average price of $2.62. This leaves the insider owning 84,929 shares of the company worth $0.27 million. A total of 2.93% 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 $3.66. The fifty day moving average price for EOSE is $2.8259 and a two-hundred day moving average price translates $1.575205 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.