Stocks of Eos Energy Enterprises Inc (NASDAQ:EOSE) traded higher last session on Wall Street, up 7.44% to $2.31.
EOSE stock price is now -19.17% away from the 50-day moving average and 39.16% away from the 200-day moving average. The market capitalization of the company currently stands at $503.38M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
, 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 $18477.69. 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 $0.2 million. A total of 2.92% 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 $2.8595 and a two-hundred day moving average price translates $1.65429 for the stock.
The latest earnings results from Eos Energy Enterprises Inc (NASDAQ: EOSE) was released for 2024-09-30. The company reported revenue of $0.85 million for the quarter, compared to $0.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.85 percent.
