Eos Energy Enterprises Inc (EOSE) Stock Up 2.66%: Is It a Good Investment?

Eos Energy Enterprises Inc [EOSE] stock is trading at $1.93, up 2.66%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EOSE shares have gain 26.97% over the last week, with a monthly amount glided 3.76%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Eos Energy Enterprises Inc [NASDAQ: EOSE] stock has seen the most recent analyst activity on September 05, 2023, when Seaport Research Partners downgraded its rating to a Neutral. Previously, Guggenheim upgraded its rating to Buy on September 01, 2023, and kept the price target unchanged to $10. On June 30, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $4 on the stock. TD Cowen started tracking the stock assigning a Market Perform rating and suggested a price target of $2.50 on June 02, 2023. Stifel initiated its recommendation with a Buy and recommended $11 as its price target on December 02, 2022. In a note dated February 28, 2022, B. Riley Securities reiterated an Buy rating on this stock and revised its target price from $14 to $13.

Eos Energy Enterprises Inc [EOSE] stock has fluctuated between $0.61 and $4.81 over the past year. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Eos Energy Enterprises Inc [NASDAQ: EOSE] shares were valued at $1.93 at the most recent close of the market. An investor can expect a potential return of 210.88% based on the average EOSE price forecast.

Analyzing the EOSE fundamentals

Eos Energy Enterprises Inc [NASDAQ:EOSE] reported sales of 14.79M for the trailing twelve months, which represents a growth of 260.64%. Gross Profit Margin for this corporation currently stands at -5.35% with Operating Profit Margin at -6.94%, Pretax Profit Margin comes in at -6.83%, and Net Profit Margin reading is -8.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.5, Equity is 0.93 and Total Capital is -0.57. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.8633 points at the first support level, and at 1.7967 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.0133, and for the 2nd resistance point, it is at 2.0967.

Ratios To Look Out For

For context, Eos Energy Enterprises Inc’s Current Ratio is 2.68. In addition, the Quick Ratio stands at 2.34 and the Cash Ratio stands at 0.8. Considering the valuation of this stock, the price to sales ratio is 28.28.

Transactions by insiders

Recent insider trading involved DIMITRIEF ALEXANDER, Director, that happened on Aug 13 ’24 when 2000.0 shares were purchased. Chief Executive Officer, Mastrangelo Joe completed a deal on Aug 09 ’24 to buy 52800.0 shares. Meanwhile, Director DIMITRIEF ALEXANDER bought 5000.0 shares on Mar 08 ’24.

Related Posts