In today’s recent session, 0.77 million shares of the ESS Tech Inc (NYSE:GWH) have been traded, and its beta is 1.32. Most recently the company’s share price was $1.10, and it changed around -$0.87 or -44.16% from the last close, which brings the market valuation of the company to $13.31M. GWH at last check was trading at a discount to its 52-week high of $14.10, offering almost -1181.82% off that amount. The share price’s 52-week low was $1.74, which indicates that the recent value has fallen by an impressive -58.18% since then. We note from ESS Tech Inc’s average daily trading volume that its 10-day average is 0.16 million shares, with the 3-month average coming to 69.16K.
ESS Tech Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended GWH as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.
ESS Tech Inc (NYSE:GWH) trade information
Instantly GWH has been showing red trend so far today with a performance of -44.16% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.1400 on recent trading dayincreased the stock’s daily price by 48.6%. The company’s shares are currently down -81.29% year-to-date, but still down -43.88% over the last five days. On the other hand, ESS Tech Inc (NYSE:GWH) is -50.89% down in the 30-day period. We can see from the shorts that 0.54 million shares have been sold at a short interest cover period of 9.19 day(s).
The consensus price target as assigned by Wall Street analysts is $2.5, which translates to bulls needing to increase their stock price by 56.0% from its current value. Analyst projections state that GWH is forecast to be at a low of $2.5 and a high of $2.5.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 1.40%. ESS Tech Inc earnings are expected to increase by 40.15% in 2025, but the outlook is positive 21.10% per year for the next five years.
GWH Dividends
ESS Tech Inc’s next quarterly earnings report is expected to be released on 2025-May-14.
ESS Tech Inc (NYSE:GWH)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 35.75% of ESS Tech Inc shares, and 28.22% of them are in the hands of institutional investors. The stock currently has a share float of 43.92%. ESS Tech Inc stock is held by 61.0 institutions, with SOFTBANK GROUP CORP. being the largest institutional investor. By 2024-06-30, it held 20.4563% of the shares, which is about 35.95 million shares worth $29.41 million.
VANGUARD GROUP INC, with 1.6365% or 2.88 million shares worth $2.35 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 123.67 shares worth $0.13 million, making up 1.02% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 62.73 shares worth around $68377.0, which represents about 0.52% of the total shares outstanding.
