During the last session, ESS Tech Inc (NYSE:GWH)’s traded shares were 0.12 million, with the beta value of the company hitting 1.26. The 52-week high for the GWH share is $14.10, that puts it down -1324.24 from that peak though still a striking 23.23% gain since the share price plummeted to a 52-week low of $0.76. The company’s market capitalization is $11.98M, and the average intraday trading volume over the past 10 days was 0.19 million shares, and the average trade volume was 748.86K shares over the past three months.
ESS Tech Inc (GWH) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. GWH has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
ESS Tech Inc (NYSE:GWH) trade information
ESS Tech Inc (GWH) registered a -0.30% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.30% in intraday trading to $0.99, hitting a weekly high. The stock’s 5-day price performance is -17.50%, and it has moved by -52.63% in 30 days. Based on these gigs, the overall price performance for the year is -91.20%. The short interest in ESS Tech Inc (NYSE:GWH) is 0.65 million shares and it means that shorts have 0.34 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.5, which implies an increase of 60.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.5 and $2.5 respectively. As a result, GWH is trading at a discount of -152.53% off the target high and -152.53% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 1.40%. While earnings are projected to return 38.01% in 2025, the next five years will return 24.74% per annum.
GWH Dividends
ESS Tech Inc is due to release its next quarterly earnings on 2025-May-15. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
ESS Tech Inc (NYSE:GWH)’s Major holders
ESS Tech Inc insiders own 35.75% of total outstanding shares while institutional holders control 29.53%, with the float percentage being 45.97%. SOFTBANK GROUP CORP. is the largest shareholder of the company, while 62.0 institutions own stock in it. As of 2024-06-30, the company held over 35.95 million shares (or 20.4563% of all shares), a total value of $29.41 million in shares.
The next largest institutional holding, with 2.88 million shares, is of VANGUARD GROUP INC’s that is approximately 1.6365% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.35 million.
