In the latest trading session, 0.62 million ESS Tech Inc (NYSE:GWH) shares changed hands as the company’s beta touched 1.54. With the company’s most recent per share price at $0.92 changing hands around $0.04 or 3.98% at last look, the market valuation stands at $160.21M. GWH’s current price is a discount, trading about -130.43% off its 52-week high of $2.12. The share price had its 52-week low at $0.61, which suggests the last value was 33.7% up since then. When we look at ESS Tech Inc’s average trading volume, we note the 3-month average coming to 845.24K.

ESS Tech Inc (NYSE:GWH) trade information

Instantly GWH is in green as seen in intraday trades today. With action 21.50%, the performance over the past five days has been green. The jump to weekly highs of 0.9400 added 3.98% to the stock’s daily price. The company’s shares are showing year-to-date downside of -19.65%, with the 5-day performance at 21.50% in the green. However, in the 30-day time frame, ESS Tech Inc (NYSE:GWH) is 25.09% up.

ESS Tech Inc (GWH) estimates and forecasts

Data shows that the ESS Tech Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -30.61% over the past 6 months, a 14.58% in annual growth rate that is considerably higher than the industry average of 5.30%. Year-over-year growth is forecast to reach 266.30% up from the last financial year.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 3.22M. 5 analysts are of the opinion that ESS Tech Inc’s revenue for the current quarter will be 4.02M. The company’s revenue for the corresponding quarters a year ago was 372k and 2.83M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 765.60%. The estimates for the next quarter sales put growth at 42.20%. The 2024 estimates are for ESS Tech Inc earnings to increase by 18.94%.