During the last session, Eos Energy Enterprises Inc (NASDAQ:EOSE)’s traded shares were 4.14 million, with the beta value of the company hitting 2.30. At the end of the trading day, the stock’s price was $0.76, reflecting an intraday loss of -0.81% or -$0.01. The 52-week high for the EOSE share is $5.66, that puts it down -644.74 from that peak though still a striking 7.89% gain since the share price plummeted to a 52-week low of $0.70. The company’s market capitalization is $154.10M, and the average trade volume was 5.05 million shares over the past three months.
Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information
Eos Energy Enterprises Inc (EOSE) registered a -0.81% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.81% in intraday trading to $0.76, hitting a weekly high. The stock’s 5-day price performance is -7.70%, and it has moved by -23.67% in 30 days. Based on these gigs, the overall price performance for the year is -63.96%.
Eos Energy Enterprises Inc (EOSE) estimates and forecasts
Statistics show that Eos Energy Enterprises Inc has outperformed its competitors in share price, compared to the industry in which it operates. Eos Energy Enterprises Inc (EOSE) shares have gone down -52.47% during the last six months, with a year-to-date growth rate more than the industry average at 59.12% against 9.70. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 72.00% this quarter and then jump 81.20% in the quarter after that. In the rating firms’ projections, revenue will increase 338.30% compared to the previous financial year.
Revenue for the current quarter is expected to be $6.91 million as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to $7.35 million by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $3.1 million and $249k respectively. In this case, analysts expect current quarter sales to grow by 122.90% and then jump by 2,851.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 45.32%. While earnings are projected to return 52.35% in 2024.
EOSE Dividends
Eos Energy Enterprises Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
