Eos Energy Enterprises Inc (NASDAQ:EOSE)’s traded shares stood at 1.4 million during the latest session, with the company’s beta value hitting 2.26. At the last check today, the stock’s price was $4.76, to imply an increase of 4.28% or $0.2 in intraday trading. The EOSE share’s 52-week high remains $4.80, putting it -0.84% down since that peak but still an impressive 87.18% since price per share fell to its 52-week low of $0.61. The company has a valuation of $1.04B, with an average of 10.61 million shares in intraday trading volume over the past 10 days and average of 7.63 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Eos Energy Enterprises Inc (EOSE), translating to a mean rating of 1.86. Of 4 analyst(s) looking at the stock, 0 analyst(s) give EOSE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy.
Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information
After registering a 4.28% upside in the latest session, Eos Energy Enterprises Inc (EOSE) has traded red over the past five days. The 5-day price performance for the stock is 17.70%, and 70.43% over 30 days. With these gigs, the year-to-date price performance is 336.24%. Short interest in Eos Energy Enterprises Inc (NASDAQ:EOSE) saw shorts transact 58.5 million shares and set a 7.84 days time to cover.
The extremes give us $2 and $10 for target low and target high price respectively. As such, EOSE has been trading -110.08% off suggested target high and 57.98% from its likely low.
Eos Energy Enterprises Inc (EOSE) estimates and forecasts
Looking at statistics comparing Eos Energy Enterprises Inc share performance against respective industry, we note that the company has underperformed competitors. Eos Energy Enterprises Inc (EOSE) shares are 249.63% up over the last 6 months, with its year-to-date growth rate lower than industry average at -39.23% against 9.30%.
EOSE Dividends
Eos Energy Enterprises Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Eos Energy Enterprises Inc (NASDAQ:EOSE)’s Major holders
Eos Energy Enterprises Inc insiders hold 2.48% of total outstanding shares, with institutional holders owning 32.90% of the shares at 33.73% float percentage. In total, 32.90% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 8.6 million shares (or 4.2713% of shares), all amounting to roughly $10.92 million.
The next major institution holding the largest number of shares is ELECTRON CAPITAL PARTNERS, LLC with 7.67 million shares, or about 3.81% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $9.74 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Eos Energy Enterprises Inc (EOSE) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 6.8 shares. This is just over 3.12% of the total shares, with a market valuation of $33.54 million. Data from the same date shows that the other fund manager holds a little less at 3.28, or 1.50% of the shares, all valued at about 16.17 million.
